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Shares of Exide Industries Ltd surged in early trade today after the automotive battery manufacturer said it inked an agreement to buy a 26 percent equity stake in Clean Max Arcadia, a special purpose vehicle (SPV) promoted and incorporated by Clean Max Enviro Energy Solutions, for the generation and supply of solar power. Exide Industries has agreed to invest Rs. 5,34,59,929 or Rs 5.34 crore in Clean Max Arcadia. 

CleanMax , a commercial and industrial renewable energy firm, has inked a 25-year power purchase agreement with Bangalore...

Cleanmax: The project is under a special purpose vehicle named Clean Max BIAL Renewable Energy Private Ltd

CleanMax, a renewable power solutions provider, has signed a 25-year power purchase agreement with Bangalore International Airport Limited (BIAL) for a 45.9 MW Solar-wind Captive Power Project in Jagaluru, Karnataka. The project aims to provide reliable and continuous power supply while effectively managing consumption load.

UltraTech Cement to acquire 26% stake in Clean Max Terra