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Captive Solar Power PPA Between Henkel India, CleanMax

In order to meet its objective of lowering absolute emissions in its operations, Henkel India has teamed up with CleanMax. Through this agreement, the company’s Kurkumbh and Thane production sites will be able to save an additional 4500 tonnes of CO2 annually, which is a big step towards increasing solar power consumption. This is the same as planting roughly 300,000 trees a year.

Captive Solar Power PPA Between Henkel India, CleanMax The Volt Post
Bappa Bandyopadhyay, India Head of Operations & Projects, Henkel Adhesive Technologies, shaking hands with Akshai Raja, Head Business Development (West India), CleanMax after signing the solar power purchasing agreement.

The duo have finalized a Power Purchase Agreement (PPA) for Single User Group Captive Solar Power. The captive power project is being installed in a Maharashtra solar farm that CleanMax will own and run. The foundation of the collaboration between the organizations is a shared dedication to sustainable energy use.

The glue division of Henkel India already shows a strong dedication to sustainability. The company uses only carbon neutral production practices in Chennai, but it has also switched to using green electrical energy in its manufacturing procedures in Rudrapur. This new PPA will support Henkel’s sustainability agenda by increasing the use of solar power at its manufacturing facilities in Thane and Kurkumbh.

Henkel has set itself aggressive timetables and absolute reduction targets to be met by 2030, and its main focus for mitigating climate change is on its own production processes. It is committed to using energy from renewable sources and continuously enhancing its energy efficiency in order to achieve this. The business will also, in accordance with the Science-based goals program, establish a Net-Zero pathway for its Scope 3 emissions.

Key Comments

“We are pleased to partner with CleanMax to achieve a significant milestone in our sustainability journey,” said S Sunil Kumar, Country President of Henkel India. “We are proud to have entered into this power purchase agreement (PPA), which will enhance Henkel’s contribution to climate protection. By increasing our use of green power and substantially lowering CO2 emissions, we are making a decisive move towards a more sustainable future. The power purchase agreement demonstrates how we can drive tangible progress in achieving our ambitious targets,” he added.

Sharing his insights on the collaboration, Kuldeep Jain, Managing Director of CleanMax, said “CleanMax is proud to collaborate with Henkel India on their path to carbon-neutral manufacturing processes. We are focussed on being the sustainability partner of choice for corporates, and this partnership showcases the transformative power of green initiatives in achieving meaningful environmental progress.”

TVP BUREAU
TVP BUREAUhttps://thevoltpost.com
TVP Bureau is The Volt Post’s internal Editorial Team, dedicated to providing in-depth coverage of the Tech B2B ecosystem. The team is tasked with tracking the latest trends and developments across the tech industry, with a strong focus on emerging technologies and innovations. They are responsible for creating insightful editorial content, managing event coverage, and conducting research on new breakthroughs shaping the industry. TVP Bureau also plays a key role in ensuring that The Volt Post remains a trusted resource by staying ahead of the curve in reporting real-time news, views, and strategic industry insights

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