CleanMax, Bangalore International Airport Sign 25-Year PPA for 45.9 MW Solar-Wind Project
CleanMax, a commercial and industrial renewable energy firm, has inked a 25-year power purchase agreement with Bangalore International Airport Ltd (BIAL) for a 45.9 MW solar-wind captive power project. The specially designated entity, Clean Max BIAL Renewable Energy Private Ltd, will oversee the project located in Jagaluru, Karnataka, comprising 36 MW of solar power and 9.9 MW of wind power plants.
BIAL's Managing Director and CEO, Hari Marar, expressed the airport's commitment to sustainability and responsible growth, emphasizing the substantial cost savings and renewable energy contribution expected from the long-term agreement with CleanMax. The collaboration aligns with BIAL's efforts to meet the renewable energy needs for its expansion program at Kempegowda International Airport Bengaluru.
CleanMax's Founder and Managing Director, Kuldeep Jain, highlighted their dedication to a sustainable future, emphasizing the significance of the partnership with BIAL in shaping environmental impact positively.
The captive renewable energy power plant is projected to fulfill an estimated annual requirement of 90 million units, contributing 58.3 million units of solar power and 31 million units of wind power to the grid. This initiative is expected to yield approximately 90 GW of renewable energy annually, resulting in a significant reduction of 64,200 metric tonnes of CO2 equivalent.
The broader Jagaluru wind-solar farm in Karnataka, boasting a total capacity of 290 MW, is anticipated to contribute to the reduction of 54,88,000 tons of CO2 equivalent, further solidifying CleanMax's commitment to sustainable energy solutions.
BIAL's Managing Director and CEO, Hari Marar, expressed the airport's commitment to sustainability and responsible growth, emphasizing the substantial cost savings and renewable energy contribution expected from the long-term agreement with CleanMax. The collaboration aligns with BIAL's efforts to meet the renewable energy needs for its expansion program at Kempegowda International Airport Bengaluru.
CleanMax's Founder and Managing Director, Kuldeep Jain, highlighted their dedication to a sustainable future, emphasizing the significance of the partnership with BIAL in shaping environmental impact positively.
The captive renewable energy power plant is projected to fulfill an estimated annual requirement of 90 million units, contributing 58.3 million units of solar power and 31 million units of wind power to the grid. This initiative is expected to yield approximately 90 GW of renewable energy annually, resulting in a significant reduction of 64,200 metric tonnes of CO2 equivalent.
The broader Jagaluru wind-solar farm in Karnataka, boasting a total capacity of 290 MW, is anticipated to contribute to the reduction of 54,88,000 tons of CO2 equivalent, further solidifying CleanMax's commitment to sustainable energy solutions.
