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JK Cement to Offtake Green Energy from CleanMax’s Wind & Solar Farm in a Bid to Reduce Carbon Footprint

  • Date : 28/02/2023
  • Source : Press Release

JK Cement has entered into a power purchase agreement (PPA) with CleanMax Enviro Energy Solutions, Asia’s leading C&I renewable energy company for 6.42 MW wind – solar generation capacity in the state of Karnataka.

The PPA is for a duration of 25 years and at a tariff 50% less than the prevalent DISCOM tariff. Green energy will be provided from CleanMax’s wind – solar farm in Jagalur, Karnataka to JK Cement’s Muddapur factory.