Wedoany.com Report-Nov. 13, BASF India has announced that it signed a Share Purchase Agreement with Clean Max Enviro Energy Solutions on November 11, 2025, to acquire a 26% equity stake in Clean Max Amalfi. Following this acquisition, BASF India plans to execute a Shareholders Agreement, an Energy Supply Agreement, and other related agreements in due course.

The move is aimed at enabling BASF India to benefit from provisions available to captive users under the applicable laws. Through this strategic investment, the company seeks to strengthen its access to renewable energy and enhance sustainability in its operations in India.

This partnership aligns with BASF India’s broader commitment to integrating clean energy solutions into its production and supply processes. By acquiring a stake in Clean Max Amalfi, BASF India can secure a reliable supply of renewable energy while complying with regulatory frameworks that support captive power arrangements.

The agreements to be signed following the share acquisition will define the governance structure, energy supply terms, and operational responsibilities, ensuring both parties can effectively collaborate on renewable energy utilization.

This investment also reflects BASF India’s strategy to diversify energy sourcing and support its sustainability goals, including reducing carbon emissions and promoting the use of environmentally friendly power sources across its facilities.

With the completion of these agreements, BASF India expects to optimize energy efficiency, enhance operational resilience, and contribute to broader industry efforts in promoting renewable energy adoption in India.

The collaboration marks a significant step in BASF India’s long-term plan to integrate clean energy solutions into its production processes and to participate actively in India’s renewable energy sector while maintaining compliance with local regulations and laws.

Overall, the acquisition and subsequent agreements aim to create a framework for sustainable energy supply, operational efficiency, and regulatory compliance, supporting both BASF India’s business objectives and its environmental commitments.