Markets India
Clean Max Enviro Energy Solutions has committed to investing Rs 50,000 crore in developing 3 GW of integrated renewable power facilities in Andhra Pradesh. The project will support a compute factory and boost clean energy infrastructure.
Clean Max Enviro Energy Solutions signed an MoU with the Andhra Pradesh Economic Development Board (APEDB) to invest Rs 50,000 crore in developing 3 GW of integrated power generation facilities using wind, solar, and pumped hydro technologies. The project includes a dedicated 1 GW section for pumped hydro energy as part of its clean energy capacity. This investment will supply electricity to a compute factory being established in Kurnool through collaboration with Neysa.
Kuldeep Jain, Founder and Managing Director of Clean Max, highlighted the growing demand for clean power driven by data centers and computing infrastructure. He emphasized that meeting this rising need requires scalable renewable energy solutions. The project is expected to enhance Andhra Pradesh’s position as a tech hub while advancing its transition toward sustainable energy.
The initiative could drive innovation in integrated energy systems and set an example for public-private partnerships in clean power development. It also presents opportunities for job creation, infrastructure growth, and regional economic expansion.
Clean Max is expected to establish the compute factory collaboration with Neysa in Kurnool, ensuring reliable power supply through its integrated energy model.
This investment underscores Clean Max’s commitment to renewable energy but depends on successful project execution for long-term impact.
Topics: Renewable Energy, India Markets, Clean Tech Investments, Public-Private Partnerships, Data Center Power Demand
#IndiaEnergy #CleanTechInvestment #Andhra PradeshPower #ComputeInfrastructure #GreenEnergyFuture
Source: ET Markets
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