Aarti Industries Limited, a leading chemical manufacturer, has announced a significant investment of ₹167.1 million in Clean Max Indus, a renewable energy project developer. This strategic move involves acquiring a 49% stake in a special purpose vehicle (SPV) set up to develop a 16.50 MW wind-solar hybrid power project. The initiative aligns with Aarti Industries' commitment to sustainable practices and is expected to reduce power costs while supporting the company's environmental goals. The renewable energy project is slated to begin power delivery by the first half of FY 2026-27, marking a significant step in Aarti Industries' journey towards green energy adoption.
Sources: NSE, BSE, Aarti Industries Limited official website