CleanMax, Osaka Gas form JV for 300MW renewable energy push

March 10, 2025

Synopsis

CleanMax, backed by Brookfield, has partnered with Osaka Gas Group to form a joint venture named ‘Clean Max Osaka Gas Renewable Energy’. The JV aims to develop a 300MW renewable energy portfolio in Karnataka, representing Osaka Gas’ entry into the Indian green energy market, with a ₹1,500 crore investment.

SC, ST farmers lose out on solar boom as land cannot be leased without ‘conversion’Agencies
Brookfield-backedrenewable energyfirmCleanMaxsaid on Monday it had formed ajoint venturewithOsaka GasGroup to develop a 300MW renewable energy portfolio, entailing aninvestmentof ₹1,500 crore. The JV entity will be called ‘Clean Max Osaka Gas Renewable Energy’.

This association with CleanMax marks Osaka Gas’ entry into the Indian green energy market. The plan is to build and operate renewable energy plants with a combined capacity of approximately 400 MW, starting with an upfront portfolio of 300 MW in Karnataka.

“This association will expand CleanMax’s reach with Japanese and multinational clients, while also tapping into global capital sources like JBIC to fuel our aggressive growth,” said Kuldeep Jain, managing director, CleanMax.

(You can now subscribe to our Economic Times WhatsApp channel)

(Catch all the Business News, Breaking News, Budget 2025  Events and Latest News Updates on The Economic Times.)

Subscribe to The Economic Times Prime and read the ET ePaper online.

…moreless

(You can now subscribe to our Economic Times WhatsApp channel)

(Catch all the Business News, Breaking News, Budget 2025  Events and Latest News Updates on The Economic Times.)

Subscribe to The Economic Times Prime and read the ET ePaper online.

…moreless

‘;
});
}
if(listing) {
var h3 = “You tried reading ” + listArr.length + ” locked stories in the past ” + threshold + ” days.”, h4 = “Become an ET Prime member and don’t miss out on these exclusive stories.”;
var html =

‘;
$(‘#paidSCWidget’).html(html);
var callback = $(‘#paidSCWidget’).attr(‘data-callback’);
if(callback && window[callback]) {
window[callback]();
}
customDimension.dimension72 += ‘ | Shown SYFT no Trial_With Missed Paywalled Articles Collection’;
} else {
_processNormal()
}
}
});
} else {
_processNormal();
}
} catch (e) {
_processNormal();
}
}, function () {
_processNormal();
});
//console.log(‘storyCollectionLoad’, $);
}

 

Search

RECENT PRESS RELEASES