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Borosil Renewables to acquire 49% stake in Clean Max Prithvi

05 Sep 2024 Evaluate

Borosil Renewables is all set to acquire 49% stake in Clean Max Prithvi (CMPPL) from Clean Max Enviro Energy Solutions (CMEESPL). In this regard, the company, CMPPL and CMEESPL have entered into Share Purchase Agreement on September 04, 2024. 

CMPPL would develop and maintain a Hybrid Solar - Wind power plant of 16.50 MW in the state of Gujarat, from which the power generated will be supplied exclusively to the Company as per the Rules of Captive power consumption. This will enable the Company to consume renewable power (as a captive user) generated by CMPPL.

Borosil Renewables is engaged in the production of low iron textured solar glass used in the manufacturing of solar photovoltaic modules in the power sector.


Borosil Renewables Share Price

498.50 13.70 (2.83%)
17-Apr-2026 16:59 View Price Chart
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