Sandhar Technologies Limited Signs 20-Year Power Purchase Agreement with Clean Max Enviro Energy Solutions

Gurugram, India, February 5, 2025 – Sandhar Technologies Limited (BSE: 541163, NSE: SANDHAR) has announced the execution of a Power Purchase Agreement (PPA) under the Solar-OPEX model with Clean Max Enviro Energy Solutions Private Limited. This agreement, which spans a 20-year period, aims to power Sandhar Technologies' Unit-III located in Pune, Maharashtra.

Key Agreement Highlights:​

• Planned Capacity: 630 KWP
• Annual Solar Availability: 856,251 units
• Fixed Tariff Rate: ₹3.60 per unit (KWH)
• Estimated Cost Savings: ₹5.39 per unit (KWH) compared to prevailing electricity rates

This initiative aligns with Sandhar Technologies’ dual objectives of sustainability and cost reduction, reinforcing its commitment to green energy adoption.

Additional Details:​

• Shareholding in Clean Max Enviro Energy Solutions: None
• Promoter/Group Relationship: No connection with promoter or related parties
• Related Party Transaction: Not applicable

The agreement does not involve any issuance of shares, loan arrangements, or special governance rights.

With this move, Sandhar Technologies is set to enhance its energy efficiency while reducing operational costs, leveraging clean energy solutions for long-term sustainability.