Regulatory Roadmap for "Green Open Access" in India
January 17, 2026
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The clock is ticking.
The time to go Net Zero is NOW.
Cookstove
Eco-friendly household cooking solutions
Community health uplift
Reduced fuel costs
Enquire now
Carbon Consultancy
Strategic carbon program design
Audit-ready decarbonization strategies
Faster execution velocity
Enquiry now
Carbon Trading
Global carbon market access
Seamless transaction closure
High-integrity credit procurement
Price discovery and liquidity
Enquire now
Biochar
Circular waste-management
Industrial-Scale Carbon Removal
Improves Soil health and yields
Enquire now
Agroforestry
Regenerative agriculture
Carbon removal science
Climate action with community prosperity
Enquire now
vPPA
New renewable energy assets
No physical delivery of power
High-quality offsets
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Large-scale Impact / Flexibility in scale
Enquire now
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The CleanMax Edge
Driven by Enterprise, Rooted in Community
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We integrate corporate sophistication and community impact by the virtue of being an experienced corporate-focused asset developer having local changemakers as its partners for community-centric execution
The CleanMax Edge
Tech-first approach to enable integrity
Quality is deeply embedded in our ethos, tracing its roots back to our investor portfolio consisting of sovereign funds and coveted institutional investors coupled with our experience of working with 500+ multinational conglomerates. Hence, all our projects follow better than industry standards enabled by stringent tech-based monitoring and on-ground practices to ensure transparency and measurable outcomes
The CleanMax Edge
End-to-end tailored solutions
From project design and implementation to verification, credit issuance, and trading we manage the entire carbon value chain seamlessly serving as a customer-centric one-stop shop with customized solution for each client's needs
Our Approach
Our Approach
Under a Virtual Power Purchase Agreement (VPPA), CleanMax sets up a new, dedicated renewable energy project for the buyer to exclusively supply all the environmental benefits of the project in the form of Energy Attribute Certificates (EACs) to the buyer for a long-term, while the generated electricity is sold on the wholesale market or to another off-taker.
Our VPPAs help buyers meet their clean energy and emissions reduction targets across geographies without requiring a physical connection to the project.
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Our Strengths
Additional Projects:
We build new projects for all the VPPAs that we sign, sized exactly according to our clients’ specific requirements. This leads to more RE capacity being added to the Indian grid due to the VPPA, consequently generating high-quality offsets
Quick execution for large scale impact:
All our VPPA projects are inherently large-scale, allowing us to meet hundreds of megawatts of requirement by commissioning the capacity all at once, within 12-18 months
Profitable, well-balanced design:
Our VPPA project pipeline consists of wind-heavy hybrid projects to enable our clients to leverage higher power market prices, while the solar component balances the portfolio with more predictable, reliable EAC supply
Flexible sizing:
We develop large-scale farms where capacity is flexibly allocated to individual clients. This model enables us to create dedicated projects even for clients with requirements as low as 10 MW
Additional Projects:
We build new projects for all the VPPAs that we sign, sized exactly according to our clients’ specific requirements. This leads to more RE capacity being added to the Indian grid due to the VPPA, consequently generating high-quality offsets
Quick execution for large scale impact:
All our VPPA projects are inherently large-scale, allowing us to meet hundreds of megawatts of requirement by commissioning the capacity all at once, within 12-18 months
Profitable, well-balanced design:
Our VPPA project pipeline consists of wind-heavy hybrid projects to enable our clients to leverage higher power market prices, while the solar component balances the portfolio with more predictable, reliable EAC supply
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Flexible sizing
We develop large-scale farms where capacity is flexibly allocated to individual clients. This model enables us to create dedicated projects even for clients with requirements as low as 10 MW
300 MW
Wind Park in Koppal, Karnataka
650 MW
Solar Park in Bikaner, Rajasthan
150
Wind-Solar Hybrid Project in Koppal, Karnataka
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
CASE STUDIES
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In 2024, Google partnered with CleanMax through a VPPA to support its 24/7 carbon free energy goal. The 125.4 MW hybrid project enables Google to decarbonize its cloud and office operations in India by purchasing environmental attributes from solar and wind power.
36 MWp
Solar Capacity
9.9 MW
Wind Capacity
36 MWp
Solar Capacity
9.9 MW
Wind Capacity
Enabling Bangalore International Airport Limited (“BIAL”) towards sustainable airport development
Objective:
Bangalore International Airport Limited (BIAL) set out to make airport operations more sustainable by integrating renewable energy into its power mix.
CleanMax Approach & Solution:
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Amazon:
Amazon signed a PPA with CleanMax for a 100 MW wind project in Karnataka, directly consuming its environmental benefits to support its 2040 net-zero goal under The Climate Pledge Link
3.3 MW
Wind Capacity
29.75 MWp
Solar Capacity
Sansera Engineering Limited (“Sansera”): Long-term partnership
Objective:
Sansera, a leading precision engineering company in the automotive sector, aimed to advance its sustainability goals through large-scale decarbonisation and a greener supply chain.
CleanMax Approach & Solution:
From 2017 to 2024, Sansera partnered with us for 34.44 MWp of solar and 15.60 MW of wind capacity in Karnataka under long-term agreements. The collaboration has since expanded to include 3.3 MW of wind and 29.75 MWp of solar across Karnataka and Maharashtra, powering Sansera’s operations sustainably.
Outcomes Achieved:
This long-term partnership exemplifies how consistent renewable integration drives GHG reduction, energy cost efficiency, and measurable decarbonisation at scale.
Meta
Meta has partnered with us to offtake high-quality I-RECs from a dedicated portfolio of over 65 MW renewable energy projects spread across India exclusively delivering environmental attributes to Meta.
18.85 MWp
Captive Solar Capacity
Sona BLW Precision Forgings Limited (“Sona Comstar”): Collaboration under nascent group captive regulations in Haryana.
Objective:
Sona Comstar, a leading automotive systems and components manufacturer, aimed to power its facilities in Gurgaon, Manesar, and Chakan with renewable energy as part of its Scope 2 emissions reduction strategy.
CleanMax Approach & Solution:
With Haryana’s 2023 group captive policy reforms enabling easier access to clean energy, we partnered with Sona Comstar to develop 14.85 MWp of captive solar capacity for its Gurgaon and Manesar sites. Building on this success, a 4.00 MWp solar project is now underway for the Chakan facility, set for commissioning later this year.
Outcomes Achieved:
The collaboration enables over 30% renewable energy offset across key sites, supporting both cost efficiency and sustainability goals.
Apple
Apple has invested in CleanMax’s rooftop solar project portfolio of 14 MWp to procure environmental attributes from it to offset its store emissions in India.
12.90 MW
Wind Capacity
10.98 MWp
Solar Capacity
Welspun Living Limited (“Welspun Living”): Partnership to Meet Sustainability Requirements
Objective:
Welspun Living aimed to reduce its overall carbon footprint by adopting long-term renewable energy across multiple Welspun Group companies.
CleanMax Approach & Solution:
We collaborated with the group to design a comprehensive green energy roadmap, combining solar and wind technologies to offset a large share of their energy needs. Multiple group companies signed open access and group captive contracts for facilities across Gujarat, ensuring flexibility and reliability in clean energy procurement.
Outcomes Achieved:
Since the first contract in May 2022, the partnership has expanded to include 12.90 MW of wind and 10.98 MWp of solar capacity in operation, marking a significant step in Welspun’s renewable transition.
Our Approach
Our Approach
At CleanMax, we’re building agroforestry projects that unite climate action with community prosperity. Our approach is built on four core pillars — Community, Scale, Technology, and Partnerships — ensuring transparency, verifiability, and trust for carbon credit buyers and investors.
By blending regenerative agriculture with carbon removal science, our projects not only capture carbon but also restore degraded land, enhance biodiversity, and increase rural incomes, generating value for people and the planet.
Our Approach
Our Approach
Community at the core:
Our projects are co-created with local communities from inception through monitoring.
We empower farmers and communities through:
1.Participatory planning and regular stakeholder consultation
2.Continuous engagement of local volunteers to support farmers
3.Practical training and capacity building for farmers
Pilot ® scale, by design:
Our projects are carefully selected with scalability in mind. Each begins with a 100-150 hectare pilot to test agroforestry interventions in real conditions, enabling real-time learning, and refine program design before large-scale rollout. This approach ensures every project is grounded in evidence, adaptable to local contexts, and designed for long-term impact.
Integrity through technology:
Transparency is non-negotiable. We use drone-enabled monitoring, satellite imagery, geo-tagging, and digital farmer records to track plantation health, carbon stock growth, and community participation in real time. This tech-enabled transparency ensures auditable data, verifiable outcomes, and carbon credits you can trust.
Strong partnerships:
We collaborate with local non-profits and community changemakers who bring deep understanding of local dynamics and long-standing trust within the regions we serve.
Combined with our expertise in developing large-scale infrastructure projects, this partnership model ensures culturally sensitive engagement, efficient execution, and the delivery of high-integrity carbon credits that create lasting environmental and economic value.
Community at the core:
Our projects are co-created with local communities from inception through monitoring.
We empower farmers and communities through:
1.Participatory planning and regular stakeholder consultation
2.Continuous engagement of local volunteers to support farmers
3.Practical training and capacity building for farmers
Pilot ® scale, by design:
Our projects are carefully selected with scalability in mind. Each begins with a 100-150 hectare pilot to test agroforestry interventions in real conditions, enabling real-time learning, and refine program design before large-scale rollout. This approach ensures every project is grounded in evidence, adaptable to local contexts, and designed for long-term impact.
Integrity through technology:
Transparency is non-negotiable. We use drone-enabled monitoring, satellite imagery, geo-tagging, and digital farmer records to track plantation health, carbon stock growth, and community participation in real time.
This tech-enabled transparency ensures auditable data, verifiable outcomes, and carbon credits you can trust.
Strong partnerships
We collaborate with local non-profits and community changemakers who bring deep understanding of local dynamics and long-standing trust within the regions we serve.
Combined with our expertise in developing large-scale infrastructure projects, this partnership model ensures culturally sensitive engagement, efficient execution, and the delivery of high-integrity carbon credits that create lasting environmental and economic value.
XX+
Trees planted
XX++
Farmers reached
YY+
Carbon removal potential
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
CASE STUDIES
Lorem Ipsum
IIn 2024, Google partnered with CleanMax through a VPPA to support its 24/7 carbon free energy goal. The 125.4 MW hybrid project enables Google to decarbonize its cloud and office operations in India by purchasing environmental attributes from solar and wind power.
36 MWp
Solar Capacity
9.9 MW
Wind Capacity
Enabling Bangalore International Airport Limited (“BIAL”) towards sustainable airport development
Objective:
Bangalore International Airport Limited (BIAL) set out to make airport operations more sustainable by integrating renewable energy into its power mix.
CleanMax Approach & Solution:
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Amazon
Amazon signed a PPA with CleanMax for a 100 MW wind project in Karnataka, directly consuming its environmental benefits to support its 2040 net-zero goal under The Climate Pledge
3.3 MW
Wind Capacity
29.75 MWp
Solar Capacity
Sansera Engineering Limited (“Sansera”): Long-term partnership
Objective:
Sansera, a leading precision engineering company in the automotive sector, aimed to advance its sustainability goals through large-scale decarbonisation and a greener supply chain.
CleanMax Approach & Solution:
From 2017 to 2024, Sansera partnered with us for 34.44 MWp of solar and 15.60 MW of wind capacity in Karnataka under long-term agreements. The collaboration has since expanded to include 3.3 MW of wind and 29.75 MWp of solar across Karnataka and Maharashtra, powering Sansera’s operations sustainably.
Outcomes Achieved:
This long-term partnership exemplifies how consistent renewable integration drives GHG reduction, energy cost efficiency, and measurable decarbonisation at scale.
Meta
Meta has partnered with us to offtake high-quality I-RECs from a dedicated portfolio of over 65 MW renewable energy projects spread across India exclusively delivering environmental attributes to Meta.
18.85 MWp
Captive Solar Capacity
Sona BLW Precision Forgings Limited (“Sona Comstar”): Collaboration under nascent group captive regulations in Haryana.
Objective:
Sona Comstar, a leading automotive systems and components manufacturer, aimed to power its facilities in Gurgaon, Manesar, and Chakan with renewable energy as part of its Scope 2 emissions reduction strategy.
CleanMax Approach & Solution:
With Haryana’s 2023 group captive policy reforms enabling easier access to clean energy, we partnered with Sona Comstar to develop 14.85 MWp of captive solar capacity for its Gurgaon and Manesar sites. Building on this success, a 4.00 MWp solar project is now underway for the Chakan facility, set for commissioning later this year.
Outcomes Achieved:
The collaboration enables over 30% renewable energy offset across key sites, supporting both cost efficiency and sustainability goals.
Apple
Apple has invested in CleanMax’s rooftop solar project portfolio of 14 MWp to procure environmental attributes from it to offset its store emissions in India.
12.90 MW
Wind Capacity
10.98 MWp
Solar Capacity
Welspun Living Limited (“Welspun Living”): Partnership to Meet Sustainability Requirements
Objective:
Welspun Living aimed to reduce its overall carbon footprint by adopting long-term renewable energy across multiple Welspun Group companies.
CleanMax Approach & Solution:
We collaborated with the group to design a comprehensive green energy roadmap, combining solar and wind technologies to offset a large share of their energy needs. Multiple group companies signed open access and group captive contracts for facilities across Gujarat, ensuring flexibility and reliability in clean energy procurement.
Outcomes Achieved:
Since the first contract in May 2022, the partnership has expanded to include 12.90 MW of wind and 10.98 MWp of solar capacity in operation, marking a significant step in Welspun’s renewable transition.
Our Approach
Our Approach
We turn locally sourced biomass residues into long-lived biochar using advanced pyrolysis. When used in soils, biochar is designed to lock carbon away for 100+ years while improving soil health, water retention, and crop productivity—creating durable carbon removals alongside circular waste management.
Built on a decade of corporate decarbonization, CleanMax brings bankability, operational excellence, traceability, and speed to high-integrity carbon projects.
Our Strengths
Our Strengths
Pilot → scale, by design:
Making the right biochar blends feedstock selection, preprocessing, equipment tuning, and QA/QC. We start with pilots to validate equipment and biochar specs, iterate fast, and then scale proven set-ups, so buyers gain confidence before long-term offtake.
High-integrity MRV:
End-to-end digital tracking follows feedstock from source to end use, with dashboards for throughput, biochar quality parameters, and net carbon accounting. Independent audits and registry verification back every issued credit.
Partnerships that perform:
We partner with best-in-class equipment manufacturers, local biomass aggregators, and application partners. Coupled with CleanMax’s operating discipline, this ensures steady feedstock, reliable uptime, and responsible end-use of every tonne produced.
Pilot → scale, by design:
Making the right biochar blends feedstock selection, preprocessing, equipment tuning, and QA/QC. We start with pilots to validate equipment and biochar specs, iterate fast, and then scale proven set-ups, so buyers gain confidence before long-term offtake.
High-integrity MRV:
End-to-end digital tracking follows feedstock from source to end use, with dashboards for throughput, biochar quality parameters, and net carbon accounting. Independent audits and registry verification back every issued credit.
Partnerships that perform:
We partner with best-in-class equipment manufacturers, local biomass aggregators, and application partners. Coupled with CleanMax’s operating discipline, this ensures steady feedstock, reliable uptime, and responsible end-use of every tonne produced.
XX+
Tonnes of biomass collected
XX++
Tonnes of biochar generated
XX+
Farmers impacted
YY+
Carbon removal potential
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
CASE STUDIES
Lorem Ipsum
In 2024, Google partnered with CleanMax through a VPPA to support its 24/7 carbon free energy goal. The 125.4 MW hybrid project enables Google to decarbonize its cloud and office operations in India by purchasing environmental attributes from solar and wind power.
36 MWp
Solar Capacity
9.9 MW
Wind Capacity
Enabling Bangalore International Airport Limited (“BIAL”) towards sustainable airport development
Objective:
Bangalore International Airport Limited (BIAL) set out to make airport operations more sustainable by integrating renewable energy into its power mix.
CleanMax Approach & Solution:
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Amazon
Amazon signed a PPA with CleanMax for a 100 MW wind project in Karnataka, directly consuming its environmental benefits to support its 2040 net-zero goal under The Climate Pledge
3.3 MW
Wind Capacity
29.75 MWp
Solar Capacity
Sansera Engineering Limited (“Sansera”): Long-term partnership
Objective:
Sansera, a leading precision engineering company in the automotive sector, aimed to advance its sustainability goals through large-scale decarbonisation and a greener supply chain.
CleanMax Approach & Solution:
From 2017 to 2024, Sansera partnered with us for 34.44 MWp of solar and 15.60 MW of wind capacity in Karnataka under long-term agreements. The collaboration has since expanded to include 3.3 MW of wind and 29.75 MWp of solar across Karnataka and Maharashtra, powering Sansera’s operations sustainably.
Outcomes Achieved:
This long-term partnership exemplifies how consistent renewable integration drives GHG reduction, energy cost efficiency, and measurable decarbonisation at scale.
Meta
Meta has partnered with us to offtake high-quality I-RECs from a dedicated portfolio of over 65 MW renewable energy projects spread across India exclusively delivering environmental attributes to Meta.
18.85 MWp
Captive Solar Capacity
Sona BLW Precision Forgings Limited (“Sona Comstar”): Collaboration under nascent group captive regulations in Haryana.
Objective:
Sona Comstar, a leading automotive systems and components manufacturer, aimed to power its facilities in Gurgaon, Manesar, and Chakan with renewable energy as part of its Scope 2 emissions reduction strategy.
CleanMax Approach & Solution:
With Haryana’s 2023 group captive policy reforms enabling easier access to clean energy, we partnered with Sona Comstar to develop 14.85 MWp of captive solar capacity for its Gurgaon and Manesar sites. Building on this success, a 4.00 MWp solar project is now underway for the Chakan facility, set for commissioning later this year.
Outcomes Achieved:
The collaboration enables over 30% renewable energy offset across key sites, supporting both cost efficiency and sustainability goals.
Apple
Apple has invested in CleanMax’s rooftop solar project portfolio of 14 MWp to procure environmental attributes from it to offset its store emissions in India.
12.90 MW
Wind Capacity
10.98 MWp
Solar Capacity
Welspun Living Limited (“Welspun Living”): Partnership to Meet Sustainability Requirements
Objective:
Welspun Living aimed to reduce its overall carbon footprint by adopting long-term renewable energy across multiple Welspun Group companies.
CleanMax Approach & Solution:
We collaborated with the group to design a comprehensive green energy roadmap, combining solar and wind technologies to offset a large share of their energy needs. Multiple group companies signed open access and group captive contracts for facilities across Gujarat, ensuring flexibility and reliability in clean energy procurement.
Outcomes Achieved:
Since the first contract in May 2022, the partnership has expanded to include 12.90 MW of wind and 10.98 MWp of solar capacity in operation, marking a significant step in Welspun’s renewable transition.
Our Approach
Our Approach
This project involves replacing handmade cookstoves (i.e. traditional chulhas) with industry-manufactured durable cookstoves that burn the same firewood but with a greater efficiency, cutting smoke and fuel use. This results in lower indoor pollution and carbon emissions. Our cookstove program is engineered for adoption, integrity, and measurable impact.
Our Strengths:
Our Strengths
Best in class monitoring:
1. 100% household verification at distribution and followups—no sampleonly shortcuts.
2. 5–10% of stoves instrumented with usage sensors to track realworld use.
3. Every field visit is documented with geotagged photos and digital records.
Pullbased adoption, not push distribution:
1. We begin with village awareness sessions (street plays, demos) explaining health, cost, and time benefits.
2. Households optin; we maintain a roster of interested beneficiaries.
3. Stoves are offered at a nominal, subsidized price, creating user buyin and encouraging sustained usage, not shortterm giveaways.
Standardsfirst:
From rooftop to open accessProjects are designed for issuance under Gold Standard or VERRA methodologies and to align with the Integrity Council’s Core Carbon Principles (CCP) label as applicable. to carbon offsets, our solutions are built around our clients' realities.
Community reinvestment:
A portion of carbon revenue funds remote science labs for local schools and other community benefits determined with local stakeholders.
Best in class monitoring:
1. 100% household verification at distribution and followups—no sampleonly shortcuts.
2. 5–10% of stoves instrumented with usage sensors to track realworld use.
3. Every field visit is documented with geotagged photos and digital records.
Pullbased adoption, not push distribution:
1. We begin with village awareness sessions (street plays, demos) explaining health, cost, and time benefits.
2. Households optin; we maintain a roster of interested beneficiaries.
3. Stoves are offered at a nominal, subsidized price, creating user buyin and encouraging sustained usage, not shortterm giveaways.
Standardsfirst:
Projects are designed for issuance under Gold Standard or VERRA methodologies and to align with the Integrity Council’s Core Carbon Principles (CCP) label as applicable.
Community reinvestment:
A portion of carbon revenue funds remote science labs for local schools and other community benefits determined with local stakeholders.
XX+
Cookstoves distributed
XX++
Kitchens impacted
XX+
carbon emissions avoided
Our Projects
Maharashtra
Current Status: 100% implementation completed; first carbon credit issuance expected by XX
20,000 Households
Size of Pilot Project
Gold Standard
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
CASE STUDIES
Cookstove
Enabling Bangalore International Airport Limited (“BIAL”) towards sustainable airport development
Bangalore International Airport Limited (BIAL) set out to make airport operations more sustainable by integrating renewable energy into its power mix.
36 MWp
Solar Capacity
9.9 MW
Wind Capacity
Enabling Bangalore International Airport Limited (“BIAL”) towards sustainable airport development
Objective:
Bangalore International Airport Limited (BIAL) set out to make airport operations more sustainable by integrating renewable energy into its power mix.
CleanMax Approach & Solution:
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Sansera Engineering Limited (“Sansera”): Long-term partnership
Sansera, a leading precision engineering company in the automotive sector, aimed to advance its sustainability goals through large-scale decarbonisation and a greener supply chain.
3.3 MW
Wind Capacity
29.75 MWp
Solar Capacity
Sansera Engineering Limited (“Sansera”): Long-term partnership
Objective:
Sansera, a leading precision engineering company in the automotive sector, aimed to advance its sustainability goals through large-scale decarbonisation and a greener supply chain.
CleanMax Approach & Solution:
From 2017 to 2024, Sansera partnered with us for 34.44 MWp of solar and 15.60 MW of wind capacity in Karnataka under long-term agreements. The collaboration has since expanded to include 3.3 MW of wind and 29.75 MWp of solar across Karnataka and Maharashtra, powering Sansera’s operations sustainably.
Outcomes Achieved:
This long-term partnership exemplifies how consistent renewable integration drives GHG reduction, energy cost efficiency, and measurable decarbonisation at scale.
Sona BLW Precision Forgings Limited (“Sona Comstar”): Collaboration under nascent group captive regulations in Haryana
Sona Comstar, a leading automotive systems and components manufacturer, aimed to power its facilities in Gurgaon, Manesar, and Chakan with renewable energy as part of its Scope 2 emissions reduction strategy.
18.85 MWp
Captive Solar Capacity
Sona BLW Precision Forgings Limited (“Sona Comstar”): Collaboration under nascent group captive regulations in Haryana.
Objective:
Sona Comstar, a leading automotive systems and components manufacturer, aimed to power its facilities in Gurgaon, Manesar, and Chakan with renewable energy as part of its Scope 2 emissions reduction strategy.
CleanMax Approach & Solution:
With Haryana’s 2023 group captive policy reforms enabling easier access to clean energy, we partnered with Sona Comstar to develop 14.85 MWp of captive solar capacity for its Gurgaon and Manesar sites. Building on this success, a 4.00 MWp solar project is now underway for the Chakan facility, set for commissioning later this year.
Outcomes Achieved:
The collaboration enables over 30% renewable energy offset across key sites, supporting both cost efficiency and sustainability goals.
Welspun Living Limited (“Welspun Living”): Partnership to Meet Sustainability Requirements
Welspun Living aimed to reduce its overall carbon footprint by adopting long-term renewable energy across multiple Welspun Group companies.
12.90 MW
Wind Capacity
10.98 MWp
Solar Capacity
Welspun Living Limited (“Welspun Living”): Partnership to Meet Sustainability Requirements
Objective:
Welspun Living aimed to reduce its overall carbon footprint by adopting long-term renewable energy across multiple Welspun Group companies.
CleanMax Approach & Solution:
We collaborated with the group to design a comprehensive green energy roadmap, combining solar and wind technologies to offset a large share of their energy needs. Multiple group companies signed open access and group captive contracts for facilities across Gujarat, ensuring flexibility and reliability in clean energy procurement.
Outcomes Achieved:
Since the first contract in May 2022, the partnership has expanded to include 12.90 MW of wind and 10.98 MWp of solar capacity in operation, marking a significant step in Welspun’s renewable transition.
Enabling a cement player to procure renewable energy across 3 Indian states
The client aimed to transition multiple cement plants across India to renewable energy, thereby reducing reliance on thermal power and supporting its long-term sustainability goals.
250 MW
Renewable Energy
Enabling a cement player to procure renewable energy across 3 Indian states
Objective:
The client aimed to transition multiple cement plants across India to renewable energy, thereby reducing reliance on thermal power and supporting its long-term sustainability goals.
CleanMax Approach & Solution:
Our partnership began in 2017 with onsite solar installations, evolving into a strong multi-year collaboration through several Group Captive PPAs. By making equity investments under the Group Captive model, the client expanded its renewable energy portfolio across three states, ensuring scalable, cost-effective, and sustainable power.
Outcomes Achieved:
The client’s contracted capacity has grown from under 2 MWp in FY 2017 to over 250 MW in FY 2025, marking a significant milestone in the transition to renewable energy.
Our Services
Our Services
We help developers to sell credits and corporates to buy the right instruments. We also help asset owners create and monetize credits from solar, wind, compressed biogas, biodiesel, biochar, and other clean‑tech projects. The same end‑to‑end support applies to energy attribute certificates (EACs) such as I‑RECs.
Our Strength
Our Strength
Who we serve:
1. Project developers: Route‑to‑market, positioning, and price discovery.
2. Corporate buyers: Sourcing and diligence across credits and EACs, mapped to targets and budgets.
3. Asset owners: Design‑to‑issuance support to generate and monetize credits—or structure internal use.
What we do:
1. Advisory (design → issuance): Eligibility screening, methodology selection, monitoring plans, verification support, and registry issuance.
2. Trading desk (source → settlement): Global access to verified supply of re/afforestation, clean cooking, solar/wind, biochar, wastetoenergy, etc.
3. EACs (IRECs and others): Issuance from your RE assets, thirdparty sourcing, retirement, and claims management.
Who we serve:
1. Project developers: Route‑to‑market, positioning, and price discovery.
2. Corporate buyers: Sourcing and diligence across credits and EACs, mapped to targets and budgets.
3. Asset owners: Design‑to‑issuance support to generate and monetize credits—or structure internal use.
What we do:
1. Advisory (design → issuance): Eligibility screening, methodology selection, monitoring plans, verification support, and registry issuance.
2. Trading desk (source → settlement): Global access to verified supply of re/afforestation, clean cooking, solar/wind, biochar, wastetoenergy, etc.
3. EACs (IRECs and others): Issuance from your RE assets, thirdparty sourcing, retirement, and claims management.
338.84 MW
Total operational capacity for onsite
1350+
Onsite Solar plants installed
500+
Commercial project completed with 99% client satisfaction
98%
Customer retention rate with ongoing maintenance services
21
Presence across - 21 states, UT's in India
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
CASE STUDIES
Cookstove
Lorem Ipsum
We are consultants to one of India’s largest cement manufacturing companies to generate International Renewable Energy Certificates (I-RECs) from their 61 MW wind-solar hybrid project in Maharashtra which helps strengthen their RE100 claims by making them more credible and verifiable through the use of I-RECs
36 MWp
Solar Capacity
9.9 MW
Wind Capacity
Enabling Bangalore International Airport Limited (“BIAL”) towards sustainable airport development
Objective:
Bangalore International Airport Limited (BIAL) set out to make airport operations more sustainable by integrating renewable energy into its power mix.
CleanMax Approach & Solution:
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Lorem Ipsum
We support the RE100 target fulfilment of one of the top international brewing companies through supply of high-quality I-RECs under a long-term contract
3.3 MW
Wind Capacity
29.75 MWp
Solar Capacity
Sansera Engineering Limited (“Sansera”): Long-term partnership
Objective:
Sansera, a leading precision engineering company in the automotive sector, aimed to advance its sustainability goals through large-scale decarbonisation and a greener supply chain.
CleanMax Approach & Solution:
From 2017 to 2024, Sansera partnered with us for 34.44 MWp of solar and 15.60 MW of wind capacity in Karnataka under long-term agreements. The collaboration has since expanded to include 3.3 MW of wind and 29.75 MWp of solar across Karnataka and Maharashtra, powering Sansera’s operations sustainably.
Outcomes Achieved:
This long-term partnership exemplifies how consistent renewable integration drives GHG reduction, energy cost efficiency, and measurable decarbonisation at scale.
Lorem Ipsum
We manage a wind-solar hybrid project in Karnataka end-to-end for a leading global energy transition company, from developing and operating their project to issuance of I-RECs to support the company’s RE100 targets
18.85 MWp
Captive Solar Capacity
Sona BLW Precision Forgings Limited (“Sona Comstar”): Collaboration under nascent group captive regulations in Haryana.
Objective:
Sona Comstar, a leading automotive systems and components manufacturer, aimed to power its facilities in Gurgaon, Manesar, and Chakan with renewable energy as part of its Scope 2 emissions reduction strategy.
CleanMax Approach & Solution:
With Haryana’s 2023 group captive policy reforms enabling easier access to clean energy, we partnered with Sona Comstar to develop 14.85 MWp of captive solar capacity for its Gurgaon and Manesar sites. Building on this success, a 4.00 MWp solar project is now underway for the Chakan facility, set for commissioning later this year.
Outcomes Achieved:
The collaboration enables over 30% renewable energy offset across key sites, supporting both cost efficiency and sustainability goals.
Lorem Ipsum
We delivered I-RECs across multiple countries to a leading global packaging company to decarbonize its APAC energy consumption efficiently
12.90 MW
Wind Capacity
10.98 MWp
Solar Capacity
Welspun Living Limited (“Welspun Living”): Partnership to Meet Sustainability Requirements
Objective:
Welspun Living aimed to reduce its overall carbon footprint by adopting long-term renewable energy across multiple Welspun Group companies.
CleanMax Approach & Solution:
We collaborated with the group to design a comprehensive green energy roadmap, combining solar and wind technologies to offset a large share of their energy needs. Multiple group companies signed open access and group captive contracts for facilities across Gujarat, ensuring flexibility and reliability in clean energy procurement.
Outcomes Achieved:
Since the first contract in May 2022, the partnership has expanded to include 12.90 MW of wind and 10.98 MWp of solar capacity in operation, marking a significant step in Welspun’s renewable transition.
Lorem Ipsum
We supplied cross-country I-RECs and carbon credits under a master contract to a global management consulting firm to meet its global requirements through a single consolidated transaction
250 MW
Renewable Energy
Enabling a cement player to procure renewable energy across 3 Indian states
Objective:
The client aimed to transition multiple cement plants across India to renewable energy, thereby reducing reliance on thermal power and supporting its long-term sustainability goals.
CleanMax Approach & Solution:
Our partnership began in 2017 with onsite solar installations, evolving into a strong multi-year collaboration through several Group Captive PPAs. By making equity investments under the Group Captive model, the client expanded its renewable energy portfolio across three states, ensuring scalable, cost-effective, and sustainable power.
Outcomes Achieved:
The client’s contracted capacity has grown from under 2 MWp in FY 2017 to over 250 MW in FY 2025, marking a significant milestone in the transition to renewable energy.
Our Approach
Our Approach
Our CSR philosophy goes beyond responsibility; it’s about creating meaningful change where it matters most. By integrating social responsibility into our core operations, we work to improve access to essential services to drive inclusive development, for building an equitable, resilient, and sustainable future, where communities and the environment thrive together.
Ethos
Our Entrepreneurial Ethos
Leadership Drive
Innovating quickly and adapting even quicker. Our teams take full ownership of results, just like true founders.
Collaborative Spirit
Working closely with our clients, we understand their needs, guide them through our policies, and build lasting trust.
Tailor-Made Execution
From rooftop to open access to carbon offsets, our solutions are built around our clients' realities.
Leadership Drive
Innovating quickly and adapting even quicker. Our teams take full ownership of results, just like true founders.
Collaborative Spirit
Working closely with our clients, we understand their needs, guide them through our policies, and build lasting trust.
Tailor-Made Execution
From rooftop to open access to carbon offsets, our solutions are built around our clients' realities.
338.84 MW
Total operational capacity for onsite
1350+
Onsite Solar plants installed
500+
Commercial project completed with 99% client satisfaction
98%
Customer retention rate with ongoing maintenance services
21
Presence across - 21 states, UT's in India
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
Our Projects
Maharashtra and Gujarat
Current Status: Project design document (PDD) submitted, implementation across 300 Hectares completed
500 Hectares
Size of Pilot Project
Verra
Registry
CASE STUDIES
Cookstove
Enabling Bangalore International Airport Limited (“BIAL”) towards sustainable airport development
Bangalore International Airport Limited (BIAL) set out to make airport operations more sustainable by integrating renewable energy into its power mix.
36 MWp
Solar Capacity
9.9 MW
Wind Capacity
Enabling Bangalore International Airport Limited (“BIAL”) towards sustainable airport development
Objective:
Bangalore International Airport Limited (BIAL) set out to make airport operations more sustainable by integrating renewable energy into its power mix.
CleanMax Approach & Solution:
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Our partnership with BIAL began in 2016 with a 0.5 MWp rooftop solar project, followed by a 13 MWp open access solar agreement in 2018. In 2023, we expanded this collaboration through a Group Captive model, adding 36 MWp of solar and 9.9 MW of wind capacity, strengthening BIAL’s path toward sustainable airport operations.
Sansera Engineering Limited (“Sansera”): Long-term partnership
Sansera, a leading precision engineering company in the automotive sector, aimed to advance its sustainability goals through large-scale decarbonisation and a greener supply chain.
3.3 MW
Wind Capacity
29.75 MWp
Solar Capacity
Sansera Engineering Limited (“Sansera”): Long-term partnership
Objective:
Sansera, a leading precision engineering company in the automotive sector, aimed to advance its sustainability goals through large-scale decarbonisation and a greener supply chain.
CleanMax Approach & Solution:
From 2017 to 2024, Sansera partnered with us for 34.44 MWp of solar and 15.60 MW of wind capacity in Karnataka under long-term agreements. The collaboration has since expanded to include 3.3 MW of wind and 29.75 MWp of solar across Karnataka and Maharashtra, powering Sansera’s operations sustainably.
Outcomes Achieved:
This long-term partnership exemplifies how consistent renewable integration drives GHG reduction, energy cost efficiency, and measurable decarbonisation at scale.
Sona BLW Precision Forgings Limited (“Sona Comstar”): Collaboration under nascent group captive regulations in Haryana
Sona Comstar, a leading automotive systems and components manufacturer, aimed to power its facilities in Gurgaon, Manesar, and Chakan with renewable energy as part of its Scope 2 emissions reduction strategy.
18.85 MWp
Captive Solar Capacity
Sona BLW Precision Forgings Limited (“Sona Comstar”): Collaboration under nascent group captive regulations in Haryana.
Objective:
Sona Comstar, a leading automotive systems and components manufacturer, aimed to power its facilities in Gurgaon, Manesar, and Chakan with renewable energy as part of its Scope 2 emissions reduction strategy.
CleanMax Approach & Solution:
With Haryana’s 2023 group captive policy reforms enabling easier access to clean energy, we partnered with Sona Comstar to develop 14.85 MWp of captive solar capacity for its Gurgaon and Manesar sites. Building on this success, a 4.00 MWp solar project is now underway for the Chakan facility, set for commissioning later this year.
Outcomes Achieved:
The collaboration enables over 30% renewable energy offset across key sites, supporting both cost efficiency and sustainability goals.
Welspun Living Limited (“Welspun Living”): Partnership to Meet Sustainability Requirements
Welspun Living aimed to reduce its overall carbon footprint by adopting long-term renewable energy across multiple Welspun Group companies.
12.90 MW
Wind Capacity
10.98 MWp
Solar Capacity
Welspun Living Limited (“Welspun Living”): Partnership to Meet Sustainability Requirements
Objective:
Welspun Living aimed to reduce its overall carbon footprint by adopting long-term renewable energy across multiple Welspun Group companies.
CleanMax Approach & Solution:
We collaborated with the group to design a comprehensive green energy roadmap, combining solar and wind technologies to offset a large share of their energy needs. Multiple group companies signed open access and group captive contracts for facilities across Gujarat, ensuring flexibility and reliability in clean energy procurement.
Outcomes Achieved:
Since the first contract in May 2022, the partnership has expanded to include 12.90 MW of wind and 10.98 MWp of solar capacity in operation, marking a significant step in Welspun’s renewable transition.
Enabling a cement player to procure renewable energy across 3 Indian states
The client aimed to transition multiple cement plants across India to renewable energy, thereby reducing reliance on thermal power and supporting its long-term sustainability goals.
250 MW
Renewable Energy
Enabling a cement player to procure renewable energy across 3 Indian states
Objective:
The client aimed to transition multiple cement plants across India to renewable energy, thereby reducing reliance on thermal power and supporting its long-term sustainability goals.
CleanMax Approach & Solution:
Our partnership began in 2017 with onsite solar installations, evolving into a strong multi-year collaboration through several Group Captive PPAs. By making equity investments under the Group Captive model, the client expanded its renewable energy portfolio across three states, ensuring scalable, cost-effective, and sustainable power.
Outcomes Achieved:
The client’s contracted capacity has grown from under 2 MWp in FY 2017 to over 250 MW in FY 2025, marking a significant milestone in the transition to renewable energy.
Testimonials
Customised for Scale.
Chosen by Leaders.
Google
:
100 MW+ renewable
energy partnership in India
"This landmark initiative supports Google’s sustainable growth in India and underscores Google’s commitment to source clean energy for our operations in every grid where we operate."
Giorgio Fortunato
Head of Clean Energy & Power for Asia Pacific at Google
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Bengaluru Airport (BIAL)
:
Hybrid energy towards expansion program of the airport
"The long-term power purchase agreement with CleanMax will play an important role in meeting the renewable energy needs for the expansion program of the airport and shall provide substantial cost savings, further bolstering our commitment to sustainability and responsible growth."
Mr. Hari Marar
Managing Director & Chief Executive Officer, BIAL
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Apple JV
:
Racing toward our ambitious 2030 climate goal
“We’re racing toward our ambitious Apple 2030 climate goal while taking on the long-term work to transform electrical grids and restore watersheds to build a cleaner future for all.”
Lisa Jackson
Apple’s Vice President of Environment, Policy, and Social Initiatives
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Equinix
:
33 MW Renewable Power Projects to Decarbonize its Data Centers in India
“We are thrilled to partner with CleanMax to establish this Captive Power Plant in Maharashtra, India. This PPA not only strengthens our commitment to sustainability but also enables us to provide our customers in India with 100% renewable energy coverage for their deployments at Equinix."
Manoj Paul
Managing Director, India, Equinix
Cisco
:
Excellence in Sustainability Award
“Recognizing partners who have helped customers achieve substantial business outcomes, the Excellence in Sustainability Award celebrates CleanMax's dedication to accelerating the availability of clean energy and reducing greenhouse gas emissions."
Mary deWysocki
Chief Sustainability Officer, Cisco
Toyota Tsusho India
:
Jointly catering to Japanese corporates in India
“The partnership with CleanMax aims to facilitate reliable, long-term renewable power to customers and our shared vision for sustainability will help accelerate India’s shift to renewable energy.”
Nobuaki Yahiro
Managing Director, TTIPL, Toyota
Osaka Gas
:
Partnership to accelerate India’s green energy transition
"We are proud to join hands with CleanMax, one of India’s leading players in the C&I sector. This partnership will enable Osaka Gas Group to contribute to India’s renewable energy transition while supporting the country’s high-potential C&I market. By aligning with CleanMax, we continue to demonstrate our commitment to reduction of CO2 and future carbon neutrality, and hope to unlock further synergies as we move forward.”
Keiji Takemori
Executive Vice President, Osaka Gas
blogs & White papers
Governance Framework
Board Committees at a Glance
Sandip Saha
Head of Technical Operations and Project Implementation
Sandip has 17+ years of experience in portfolio management, consulting, auditing and business analysis in the areas of Climate Change Mitigation Projects, Sustainability Reporting, Carbon Advisory and Corporate Social Responsibility. He is a certified GRI professional & ISO 14001 Lead Auditor with expertise in Carbon Offset Methodologies, Carbon Accounting Frameworks, GHG Protocol and vast analytical and management skills and in-depth understanding in the present working domains. Further, he has extensively worked on various Sustainability and various ESG Reporting assignments (including DJSI, CDP among others) as well as Project Due Diligence and Risk Assessment for Merger & Acquisition Projects.
Starting as a GHG auditor with TUV India in his early days, Sandip has subsequently led the Carbon Offset Business at Adani Green and CLP India before joining CleanMax. He has completed his post-graduation in Energy Management from IISWBM, Kolkata and is presently pursuing a Masters in Climate Finance & Sustainability from IIT-Kanpur, India.
Mehul Mehta
Head of Carbon Investments and Trading
Mehul is the Investment Lead for Carbon Projects and Environmental Markets at CleanMax, where he spearheads investments into high-quality carbon projects and oversees the trading of carbon credits and International Renewable Energy Certificates (IRECs). His role involves identifying and evaluating impactful nature-based and energy transition projects, structuring investments through mechanisms like pre-purchase agreements and equity financing, and mobilizing capital to scale these initiatives.
He remains actively engaged with evolving regulatory frameworks, including Article 6 of the Paris Agreement, CORSIA, ICVCM, and VCMI, ensuring CleanMax’s market positioning aligns with the latest international climate policies.
Prior to CleanMax, Mehul worked at Trafigura as a Lead Analyst for Compliance Carbon Markets in APAC, where he built and managed supply-demand models for carbon markets in Australia and New Zealand, providing fundamental insights into regulatory schemes and market dynamics.
With a deep understanding of both compliance and voluntary carbon markets, Mehul plays a key role in advancing CleanMax’s sustainability ambitions and driving investments that create measurable climate impact.
Prajanl Paul
Chief Executive Officer – Carbon Business
Pranjal is a CleanMax veteran, having joined the company right after graduating from IIT Madras in 2016. Over the past decade, he has worked across multiple functions, including business development, new initiatives, M&A, fundraising, project development, and HR. Today, he leads CleanMax’s Carbon Business, driving the company’s mission to contribute to a carbon-free world. His vision is to enable CleanMax to meet 1% of the world’s carbon removal needs.
Pranjal began his journey at CleanMax with the Business Development team in South India, where he played a key role in securing large PPA deals for the company’s early solar farms. He later led business development for Karnataka, CleanMax’s most significant revenue-generating region at the time, and was instrumental in monetizing the company’s first wind-solar hybrid projects. He then transitioned to the Managing Director’s office as Chief of Staff, working on strategic initiatives before launching CleanMax’s Carbon Business in 2023.
Through CleanMax’s Carbon Business, Pranjal is committed to scaling carbon removal solutions and accelerating the transition to a sustainable future.
Dhruv Jain
Head of Business Development
Dhruv Jain is a seasoned business development professional with over 6 years of experience in structuring long term renewable energy solutions and projects for corporates. He has worked extensively with the likes of Apple, Meta, Google, Amazon and other leading Indian and Foreign corporates aiding their decarbonisation journeys by contracting 40+ RE projects to bring online over 1.5 GW of renewable energy capacity in India.
Having started as a business development manager in 2019 straight out of IIT Madras via CleanMax’s campus recruitment programme, he has served at various roles within the business development function and currently leads the Business Development and Corporate Partnerships for the Carbon Offset Business. Dhruv’s expertise with long term offtake solutions, co-investments, and risk mitigation through contracting help ensure that CleanMax is able to both identify and cater to the right corporate buyers (and their decarbonisation requirements).
Jalaj Saxena
Jalaj Saxena is a seasoned climate and sustainability expert with over 12 years of experience in carbon markets, Nature-Based Solutions, and climate policy. He has led more than 50 projects across South Asia, Africa, and Southeast Asia, focusing on afforestation, biodiversity conservation, energy efficiency, and carbon reduction. His work has spanned roles with organizations like USAID, UNDP, GIZ, and ADB, where he has developed climate finance strategies, carbon offset frameworks, and large-scale NbS initiatives.
With expertise in MRV frameworks, policy integration, and sustainable project development, Jalaj plays a key role in strengthening our climate strategy. His extensive experience working with governments, multilateral organizations, and private enterprises ensures that our projects meet the highest global standards, driving innovation and impact in the carbon market.
Marina Gavaldão
Marina Gavaldão is a leading expert in climate finance, carbon markets, and nature-based solutions, with over two decades of experience shaping global sustainability policies and projects. She is the founder and executive director of Ubá Sustainability Institute, a social business that develops, implements and advises on Nature-Based-Solutions and climate neutrality. Previously, she has worked extensively as technical director and advisor for several international organizations including the UNDP, The Nature Conservancy, EcoAct, Pur Projet, GERES, The Earthworm Foundation, FAO, ICROA and several corporates working worldwide. Marina has played a key role in designing carbon reduction frameworks, developing methodologies for payments for ecosystem services, and advancing blue carbon strategies.
Her expertise spans project implementation, regulatory compliance, and the development of innovative financial mechanisms to scale climate action. She has contributed to major publications on climate resilience, agroforestry, and ecosystem conservation. With a strong background in forestry engineering, applied economics, research, policy advocacy, and technical innovation, Marina brings invaluable strategic insight to our team, helping us drive impactful carbon projects, strengthen sustainability frameworks, and navigate the evolving global carbon market.
Sanjay Sen
Sanjay Sen is a seasoned forestry and environmental conservation expert with decades of experience in forest management, watershed development, and climate-proofing projects. A retired Divisional Forest Officer (DFO) from the Himachal Pradesh Forest Department, he has led numerous large-scale conservation initiatives, including the HP Mid Himalayan Watershed Development Project (World Bank) and the Indo-German Biodiversity Programme (GIZ).
With deep expertise in bio-carbon sequestration, Clean Development Mechanism, and micro-planning, Sanjay has played a pivotal role in project formulation, validation, and verification for forestry-based climate mitigation. He has also contributed significantly to forest working plans, catchment area treatment plans, and capacity-building programs for sustainable land and resource management. His extensive experience in policy implementation, training, and community-based conservation strengthens our team’s ability to drive impactful nature-based solutions and advance sustainable forestry practices.
Kuldeep Jain
Managing Director
Mr. Kuldeep Jain, a visionary leader and the driving force behind CleanMax, has fundamentally transformed the sustainability landscape in Asia, accelerating the decarbonization journey for progressive industries. He founded CleanMax with a vision to lead the transition to clean energy in the commercial and industrial sector and under his leadership, the company has grown exponentially. With a distinguished background as an IIM Ahmedabad alumnus, Chartered Accountant, and a former Global Partner at McKinsey & Company, where he headed the energy and corporate finance division, Kuldeep's expertise has been instrumental in driving CleanMax's extraordinary growth.
His strategic acumen, environmental stewardship, and dynamic leadership have propelled the company to a leading position, across India, the Middle East, and South-East Asia. Under his guidance, CleanMax has become the preferred partner for corporations pursuing sustainability and Net-Zero goals. His ab
Mr. Kuldeep Jain, a visionary leader and the driving force behind CleanMax, has fundamentally transformed the sustainability landscape in Asia, accelerating the decarbonization journey for progressive industries. He founded CleanMax with a vision to lead the transition to clean energy in the commercial and industrial sector and under his leadership, the company has grown exponentially. With a distinguished background as an IIM Ahmedabad alumnus, Chartered Accountant, and a former Global Partner at McKinsey & Company, where he headed the energy and corporate finance division, Kuldeep's expertise has been instrumental in driving CleanMax's extraordinary growth.
His strategic acumen, environmental stewardship, and dynamic leadership have propelled the company to a leading position, across India, the Middle East, and South-East Asia. Under his guidance, CleanMax has become the preferred partner for corporations pursuing sustainability and Net-Zero goals. His ab
Mr. Kuldeep Jain, a visionary leader and the driving force behind CleanMax, has fundamentally transformed the sustainability landscape in Asia, accelerating the decarbonization journey for progressive industries. He founded CleanMax with a vision to lead the transition to clean energy in the commercial and industrial sector and under his leadership, the company has grown exponentially. With a distinguished background as an IIM Ahmedabad alumnus, Chartered Accountant, and a former Global Partner at McKinsey & Company, where he headed the energy and corporate finance division, Kuldeep's expertise has been instrumental in driving CleanMax's extraordinary growth.
His strategic acumen, environmental stewardship, and dynamic leadership have propelled the company to a leading position, across India, the Middle East, and South-East Asia. Under his guidance, CleanMax has become the preferred partner for corporations pursuing sustainability and Net-Zero goals. His ab
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Head Office - Mumbai
4th Floor, The International, 16 Maharshi Karve Road, New Marines Lines Cross Road No. 1, Churchgate, Mumbai 400 020
4th Floor, The International, 16 Maharshi Karve Road, New Marines Lines Cross Road No. 1, Churchgate, Mumbai 400 020
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