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UltraTech Cement partners with CleanMax for procurement of renewable energy

Dec 27, 2024•over 1 year ago

Contract Type

partnership

MumbaiConstruction

Description

UltraTech Cement Ltd. has partnered with CleanMax to procure renewable energy from a 55 MW wind-solar hybrid project in Karnataka. The company also acquired a 26 percent stake in the SPV Clean Max Sapphire.

Company Information

Company

UltraTech Cement

Location

Mumbai, Maharashtra, India

About

UltraTech Cement Ltd. is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies 'strength', 'reliability' and 'innovation'. Together, these attributes inspire engineers to stretch the limits of their imagination to create homes, buildings and structures that define the new India.

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Predictive Intelligence
Strategic

ML-powered predictions for UltraTech Cement 's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.