CEAT Partners with CleanMax for Multi-State ~59 MW Hybrid Wind-Solar Projects Across its Key Manufacturing Hubs

 Mumbai, India, January 14, 2026: CEAT, a leading Indian tyre manufacturer, has partnered with CleanMax Enviro Energy Solutions Limited (“CleanMax”) to source renewable power through a ~59 MW hybrid wind–solar project, for CEAT’s Halol facility in Gujarat and Kanchipuram facility in Tamil Nadu under a group captive model. CleanMax, a Brookfield-backed company, is currently the largest renewable energy provider for the commercial and industrial sector in India (as of July 31, 2025) and a net-zero and decarbonization solutions provider.

The hybrid structure of these projects is expected to combine the complementary generation profiles of wind and solar, ensuring a consistent energy output and higher plant load factor (“PLF”). This approach also enhances grid stability, which is critical for energy-intensive manufacturing operations.

Together, the projects are expected to generate ~13.58 crore units of clean power annually. This generation is anticipated to reduce CO₂ emissions by around 1,00,000 tonnes per year, equivalent to the plantation of nearly 4.5 million trees annually. The project is expected to increase CEAT’s clean power content to around 60%.

Mr. Kuldeep Jain, Managing Director, Clean Max Enviro Energy Solutions Limited, said, “We are proud to collaborate with CEAT, a globally recognised brand in the automotive sector, and support its strategic sustainability objectives by enabling the decarbonisation of operations across its key manufacturing hubs. These projects demonstrate how well-structured collaborations can accelerate the adoption of renewable energy and build a more sustainable energy future for large-scale manufacturing.”

Commenting on the partnership, Mr Roopesh R., Senior Vice President – Procurement, CEAT said, “This long-term partnership with CleanMax allows CEAT to strengthen our renewable energy footprint across Gujarat and Tamil Nadu. Sustainability is an important part of how we plan for the long term and CEAT is committed to grow our business that serves our customer responsibly while remaining resilient for the future. As a company already advancing in areas such as green sourcing, sustainable transportation, biodegradable packaging, sustainable manufacturing and reduced distribution emissions, integrating this hybrid wind-solar renewable energy is a natural and strategic progression in our sustainability journey.

These hybrid projects will bring cost efficiencies at our key manufacturing facilities and will help us in our journey to produce tyres with low carbon footprint – and be a benchmark in the industry.”

This synergy enables CEAT to advance its sustainability goals while leveraging CleanMax’s proven expertise in delivering renewable energy for the C&I sector. The partnership is expected to strengthen CEAT’s energy security, improve operational efficiency, and contribute to significant annual reductions in carbon emissions, enabling its long-term journey towards net-zero operations.