UPL Ltd.

BSE: 512070 | NSE: UPL
Mid Cap | Pesticides & Agrochemicals
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UPL, CleanMax partner to establish hybrid solar-wind energy power plant in Gujarat

Date: 16-09-2022

UPL has entered into a joint venture with CleanMax Enviro Energy Solutions (CleanMax), a Mumbai-based renewable energy company, to establish a hybrid solar-wind energy power plant in Gujarat, India. UPL and CleanMax will set-up and operate a hybrid captive power plant with a capacity of 28.05 MW of solar power and 33 MW of wind power. Combining two of the fastest growing renewable energy technologies, this project will enable UPL to increase its renewable energy usage to 30% of its total global power consumption (against 8% currently).

UPL is global player of crop protection products has customer base in 123 countries. It has subsidiary offices in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, New Zealand, Russia, Spain, Taiwan, South Africa, USA, UK, Vietnam and Zambia.