CleanMax Commissions 351.4 MWp Solar Capacity at Bikaner Solar Park

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Clean Max Enviro Energy Solutions Limited announced the successful commissioning of 351.4 MWp solar capacity at Bikaner Solar Park through its wholly owned subsidiary, Clean Max Celestial Private Limited. The commissioning strengthens CleanMax’s renewable energy portfolio and supports long-term growth in utility-scale solar infrastructure.

PRICE-SENSITIVE TRIGGER

Event: Commissioning of 351.4 MWp solar power capacity at Bikaner Solar Park.

Type: Project Commissioning / Capacity Addition

Impact: Positive

Immediate Effect: The commissioning increases operational renewable energy capacity, strengthens CleanMax’s utility-scale solar portfolio and enhances long-term revenue visibility from renewable energy generation assets.

Key Metrics:

  • Commissioned Solar Capacity: 351.4 MWp
  • Project Location: Bikaner Solar Park, Rajasthan
  • Executing Entity: Clean Max Celestial Private Limited
  • Ownership Structure: Wholly owned subsidiary of Clean Max Enviro Energy Solutions Limited

Highlight:

  • Highlight Label: Utility-Scale Solar Capacity Commissioned
  • Highlight Value: CleanMax commissioned 351.4 MWp solar capacity at Bikaner Solar Park through its wholly owned subsidiary.
What Happened ?

Clean Max Enviro Energy Solutions Limited informed exchanges that its wholly owned subsidiary:

  • Clean Max Celestial Private Limited

has successfully completed commissioning of:

  • 351.4 MWp solar capacity

at:

  • Bikaner Solar Park

The commissioning was completed on:

  • May 26, 2026

The project forms part of CleanMax’s broader renewable energy expansion strategy focused on:

  • Utility-scale solar infrastructure
  • Long-term contracted renewable assets
  • Clean energy transition opportunities
Key Details

Solar Capacity Expansion & Renewable Energy Infrastructure:

  • Project commissioned by:
    • Clean Max Celestial Private Limited
  • Parent company:
    • Clean Max Enviro Energy Solutions Limited
  • Total commissioned capacity:
    • 351.4 MWp
  • Project location:
    • Bikaner Solar Park, Rajasthan
  • The project strengthens:
    • Utility-scale renewable generation portfolio
    • Solar infrastructure capabilities
    • Long-term renewable energy asset base
  • Commissioning supports:
    • Renewable energy transition
    • Clean power generation expansion
    • Scalable contracted solar portfolio growth
  • The project adds to CleanMax’s operational renewable infrastructure platform focused on commercial and industrial energy customers.

Note:

  • The commissioning enhances CleanMax’s renewable energy operating portfolio and supports its long-term growth strategy in large-scale clean energy infrastructure.
Risk Analysis

Summary:

  • Renewable energy projects remain exposed to execution, grid connectivity, tariff realization and policy-related risks despite commissioning completion.

Key Risks:

  • Solar generation output depends on irradiation and weather conditions.
  • Grid connectivity or evacuation bottlenecks may affect operational efficiency.
  • Renewable sector policy changes may impact project economics.
  • Long-term profitability depends on power purchase agreement realization and asset utilization.
  • Large-scale renewable projects remain sensitive to financing and interest rate environments.

Worst Case Scenario:

  • Operational disruptions, lower-than-expected generation efficiency or regulatory changes could impact revenue realization and return on renewable assets.

Risk Level: Medium

Company Commentary
  • CleanMax confirmed successful commissioning of:
    • 351.4 MWp capacity at Bikaner Solar Park
  • The company stated the commissioning was completed through:
    • Its wholly owned subsidiary Clean Max Celestial Private Limited
  • Management highlighted that the information would also be available on:
    • Company website
  • The commissioning reinforces CleanMax’s strategy of expanding renewable energy infrastructure and operational renewable asset base.

Official Exchange Filing: Clean Max Enviro Energy Solutions Limited

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