AZB & Partners Advises Clean Max on Joint Venture with DJ Renewables

AZB & Partners acted for Clean Max Enviro Energy Solutions Private Limited (“CMES”) on setting up a 51:49 joint venture between CMES and DJ Renewables Pte. Ltd. (“JP Conso”) (a consortium between Osaka Gas Pte. Ltd. and Japan Bank of International Cooperation) wherein CMES will hold 51% while the remaining 49% will be held by JP Conso. The joint venture is being set up to undertake the business of development, construction, and operation of renewable energy power projects in the state of Karnataka. Our deal team comprised of our Senior Partner Niladri Maulik, Senior Associate Kaushal Prabhat and Associates Mohit Sharma and Saksham Shrivastav.