CleanMax and Osaka Gas Partner to Develop 300MW Portfolio
OIL & GAS

CleanMax and Osaka Gas Partner to Develop 300MW Portfolio

Brookfield-backed CleanMax, a leading renewable energy provider in Asia’s Commercial and Industrial (C&I) sectors, has announced a long-term joint venture (JV) partnership with Osaka Gas Group to develop a 300MW renewable energy portfolio in India. The venture, valued at Rs 15 billion, marks Osaka Gas’ entry into India’s green energy market.

The Joint Venture: Clean Max Osaka Gas Renewable Energy Private Limited (CORE) The new entity, named 'Clean Max Osaka Gas Renewable Energy Private Limited' (CORE), will drive the large-scale adoption of sustainable energy solutions, aligning with India’s clean energy targets. The initial 300MW capacity will be developed in phases, with the remaining 100MW expected within the next two years.

Strategic Investment and Global Collaboration The joint venture is backed by Osaka Gas Singapore PTE. LTD. (OGS) and Japan Bank for International Cooperation (JBIC), a policy-based financial institution wholly owned by the Japanese government. This collaboration brings together CleanMax’s expertise in decarbonisation and Osaka Gas’ global energy leadership, furthering corporate clients’ transition to a low-carbon economy.

The first phase of the initiative will focus on Karnataka, a high-potential renewable energy market, with plans to scale up to 400MW in the near future.

Leadership Insights Kuldeep Jain, Managing Director, CleanMax, highlighted that the partnership will expand CleanMax’s reach among Japanese and multinational clients, while leveraging global capital sources like JBIC for aggressive growth.

Keiji Takemori, Executive Vice President, Osaka Gas, emphasised the strategic importance of India’s C&I market, stating that the collaboration will enable Osaka Gas Group to contribute significantly to India's renewable energy transition.

With India’s focus on sustainable energy expansion, this JV positions both companies at the forefront of the green energy revolution, reinforcing their commitment to a cleaner and more resilient energy future.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Brookfield-backed CleanMax, a leading renewable energy provider in Asia’s Commercial and Industrial (C&I) sectors, has announced a long-term joint venture (JV) partnership with Osaka Gas Group to develop a 300MW renewable energy portfolio in India. The venture, valued at Rs 15 billion, marks Osaka Gas’ entry into India’s green energy market. The Joint Venture: Clean Max Osaka Gas Renewable Energy Private Limited (CORE) The new entity, named 'Clean Max Osaka Gas Renewable Energy Private Limited' (CORE), will drive the large-scale adoption of sustainable energy solutions, aligning with India’s clean energy targets. The initial 300MW capacity will be developed in phases, with the remaining 100MW expected within the next two years. Strategic Investment and Global Collaboration The joint venture is backed by Osaka Gas Singapore PTE. LTD. (OGS) and Japan Bank for International Cooperation (JBIC), a policy-based financial institution wholly owned by the Japanese government. This collaboration brings together CleanMax’s expertise in decarbonisation and Osaka Gas’ global energy leadership, furthering corporate clients’ transition to a low-carbon economy. The first phase of the initiative will focus on Karnataka, a high-potential renewable energy market, with plans to scale up to 400MW in the near future. Leadership Insights Kuldeep Jain, Managing Director, CleanMax, highlighted that the partnership will expand CleanMax’s reach among Japanese and multinational clients, while leveraging global capital sources like JBIC for aggressive growth. Keiji Takemori, Executive Vice President, Osaka Gas, emphasised the strategic importance of India’s C&I market, stating that the collaboration will enable Osaka Gas Group to contribute significantly to India's renewable energy transition. With India’s focus on sustainable energy expansion, this JV positions both companies at the forefront of the green energy revolution, reinforcing their commitment to a cleaner and more resilient energy future.

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?