Welspun to Procure Renewable Power from CleanMax Under Captive Model

Welspun has bought a 26% stake for ₹38 million in CleanMax Thanos

January 2, 2023

/ Rakesh Ranjan
/ Finance and M&A, Solar
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Textile company Welspun India has acquired a 26% stake in CleanMax Thanos (CTPL) for ₹38 million (~$458,713) to procure renewable energy through open access under the captive model.

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Rakesh Ranjan

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CaptiveCleanMaxGujaratWelspun IndiaWind-Solar Hybrid
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