Gujarat Alkalies and Chemicals Limited ("GACL" or "the Company"), one of India's leading chlor-alkali companies, has partnered with Clean Max Enviro Energy Solutions Limited ("CleanMax") to source hybrid renewable energy for its manufacturing operations in Gujarat. The project will comprise of 75.90 MW of wind capacity and 84.34 MWp of solar capacity, from which hybrid renewable energy will be supplied to GACL's Dahej and Vadodara units under the group captive structure. 100% power generated from the said facilities will be utilized by GACL. This will support the Company's transition toward cleaner and more sustainable industrial operations and will contribute towards our Nation's commitment for achieving net-zero carbon emissions.
The project is being implemented across four of Clean Max's renewable energy sites in Gujarat, Viz. Kalikanagar, Aji Dahisarda, Rajula and Ghuntu. Together, this project is expected to generate ~36.9 crore units of clean power annually. This generation is anticipated to reduce C02 emissions by ~2,64,204 tons per year and is equivalent to the environmental benefit of planting nearly 15.27 million trees annually. The project is being executed in two phases across multiple renewable energy sites in Gujarat. Phase 1 comprises 16.50 MW of wind capacity and 21.701 MWp of solar capacity, while Phase 2 comprises 59.40 MW of wind capacity and 62.64 MWp of solar capacity. Both the phases will be commissioned in in accordance with the contractual timelines as agreed between CleanMax and GACL. Once commissioned, it will supply hybrid renewable power to GACL's manufacturing units. The partnership marks another step toward enabling large-scale industrial decarbonisation in India.
As one of India's most prominent chemical manufacturers, GACL holds a strong position in the domestic chlor-alkali industry. Chlor-alkali manufacturing is highly energy-intensive, making renewable energy integration critical for reducing emissions while maintaining reliable operations. Beyond sustainability, renewable energy improves cost competitiveness through price visibility and long-term savings. The Company continues to advance solutions that align environmental responsibility with operational efficiency. The adoption of renewable energy forms a key part of this strategy, with the Company already integrating clean energy sources into its operations to reduce its environmental footprint.
Supporting such large·scale industrial decarbonisation efforts, CleanMax has established a strong presence in Gujarat. As of March 31, 2026, CleanMax has "'844 MW of operational renewable energy capacity in Gujarat, strengthening its ability to support leading industrial customers such as GACL in their transition to cleaner energy. Favourable open-access policies, along with strong solar and wind resources, have further enabled industries in the state to increasingly integrate renewable power into their operations.
Clean Max continues to strengthen its role as a trusted Net-Zero transition partner for leading industrial companies across India. The collaboration with GACL reflects a shared commitment to accelerating renewable energy adoption while enabling reliable, sustainable power for large·scale industrial operations.
Smt. Avantika Singh, IAS, said, "At GACL, sustainability is a central pillar of our long-term growth strategy. We are producers of chlor·alkali chemicals & manufacturing products with derivatives used across industries including textiles, paper, alumina, pharmaceuticals and water treatment. As one of India's leading chemical manufacturers, we are committed to adopting responsible and environmentally conscious practices across our operations. Our partnership with CleanMax enables us to integrate hybrid renewable energy into our power mix, strengthening energy reliability while advancing our commitment to reducing the environmental impact of our manufacturing processes."
Mr. Kuldeep Jain, Founder and Managing Director, Clean Max Enviro Energy Solutions Limited, said, "Our partnership with GACL demonstrates how large manufacturing companies can transition to renewable energy at scale while maintaining operational reliability. This also marks the single largest group captive deal for Clean Max. Gujarat remains a key market for CleanMax given its strong industrial base and favorable renewable energy resources, and we are proud to support leading companies like GACL in their net-zero journey."
Shares of Gujarat Alkalies and Chemicals Limited was last trading in BSE at Rs. 671.90 as compared to the previous close of Rs. 665.15. The total number of shares traded during the day was 12076 in over 597 trades.
The stock hit an intraday high of Rs. 695.00 and intraday low of 662.90. The net turnover during the day was Rs. 8205597.00.