CleanMax to Invest ₹50,000 Cr in AP Clean Energy Complex
Clean Max Enviro Energy Solutions Ltd has signed an MoU with the Andhra Pradesh Economic Development Board to invest approximately ₹50,000 crore in an integrated clean energy complex. This project aims to develop 3 GW of clean energy (wind and solar) and 1 GW of pumped hydro storage within five years. The complex will power a 2 GW Compute Factory in Kurnool, set up in collaboration with AI cloud provider Neysa. CleanMax will manage the entire power infrastructure, including generation, storage, and distribution, ensuring round-the-clock green energy supply. The company also committed to social responsibility initiatives, including school infrastructure upgrades and job skilling programs for local youth.
Key Highlights
- MoU signed for ₹50,000 crore integrated clean energy complex in Andhra Pradesh.
- Project includes 3 GW renewable energy and 1 GW pumped hydro storage.
- Will power a 2 GW Compute Factory in collaboration with Neysa.
- CleanMax to provide dedicated round-the-clock green power infrastructure.
- Includes CSR initiatives for local schools and youth skilling.
Price Impact
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