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Chambal Fertilisers inks pact to acquire 26% stake in M/s. Clean Max Hachi
Oct-19-2026

Chambal Fertilisers and Chemicals has entered into a Share Purchase Agreement with M/s. Clean Max Enviro Energy (Clean Max Enviro) and M/s. Clean Max Hachi (Special Purpose Vehicle or SPV) to acquire 26% stake in the captive power generation facility (SPV) from an existing shareholder i.e. Clean Max Enviro. The company will acquire the stake for a consideration of up to Rs 6 crore. 

The acquisition is aimed at development and operation of a captive power generation facility in the state of Rajasthan, having hybrid wind-solar capacity of 5 MW, to partly replace the purchased grid power with renewable energy power and thereby achieve substantial cost savings. In addition, the acquisition will support the sustainability objectives of the company.

Chambal Fertilisers and Chemicals is engaged in production of Urea and has various Urea plants.

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