JK Cement To Procure 6.42 MW Green Energy From CleanMax

In Renewable Energy, Clean Talk, Environment, News, Products, Sustainability
JK Cement To Procure 6.42 MW Green Energy From CleanMax
JK Cement

JK Cement has signed a power purchase agreement (PPA) for 6.42 MW of wind-solar production capacity in Karnataka with CleanMax Enviro Energy Solutions, Asia’s top C&I renewable energy firm.

The PPA is for 25 years and has a tariff that is 50% lower than the current DISCOM pricing. CleanMax‘s wind-solar farm in Jagalur, Karnataka, will supply green energy to JK Cement’s Muddapur plant.

Its wind-solar capacity has a total capacity of 4.68 MWp of solar power and 3.3 MW of wind power. This is a component of CleanMax’s bigger wind-solar plant in Karnataka. The farm’s total capacity is 290 MW, made up of 145 MW wind and 210 MWp solar; leading to carbon abatement of 61,18,92 tons CO2 equivalent.

JK Cement Ltd. has committed to the UN Energy Compact and the SBTi climate objective of achieving a least 75% clean energy mix by 2030. To further accelerate the transition to clean energy, JK Cement has signed this long-term contract with M/s. CleanMax for the supply of wind and solar renewable energy for the Muddapur unit, which has already achieved more than 85% clean energy mix and has established a benchmark by receiving the prestigious CII GreenCo Platinum award.

With 1GW of operational renewable assets, CleanMax is Asia’s top renewable energy firm in the C&I (commercial and industrial) sector. CleanMax now runs 600+ MW of large-scale solar and wind power.

This is a Syndicate News Feed; fake checked and edited by Clean-Future Team

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