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Cleanmax To Build 150-MW Solar Farm In India's Haryana

Clean Max Enviro Energy Solutions Pvt Ltd, also known as CleanMax Solar, will be building a 150-MW solar park in India’s Haryana state under the group captive model, its co-founder told the Press Trust of India.

The company expects to invest about INR 6 billion in the project, which will be executed on 600 acres of land in Sirsa district, Andrew Hines has said. The captive users will contribute INR 2 billion of equity in total and the rest will be debt.

The state's Renewable Energy Department has already provided the sanction for the project. The company has also secured in-principle feasibility from state transmission company HVPNL.

CleanMax Solar has a target to build almost 400 MW of solar plants this fiscal year and private solar farms will account for nearly 80% of that, Hines has said.

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