CleanMax to invest ₹50,000 crore in Andhra Pradesh clean energy complex
The renewable energy provider will develop wind, solar and hydro facilities to power a green compute factory in Kurnool.
Clean Max Enviro Energy Solutions Limited has signed a memorandum of understanding with the Andhra Pradesh Economic Development Board to invest nearly ₹50,000 crore in an integrated clean energy complex. According to reports from Tripura Star News and Business Standard, the project involves developing 3 GW of wind and solar energy alongside 1 GW of pumped hydro facilities in the Kurnool district.
The energy infrastructure is intended to supply a 2 GW Green Compute Factory being established in collaboration with AI cloud provider Neysa. Neysa is expected to anchor the park with a 1 GW IT load. To ensure round-the-clock power, CleanMax will integrate generation, storage and distribution, using battery energy storage systems and pumped storage to balance supply.
The company plans to roll out the project in stages, aiming to have a minimum of 1.5 GW of renewable capacity operational by 2029. A special purpose vehicle owned by CleanMax will seek a distribution licence from the Andhra Pradesh Electricity Regulatory Commission to manage the facility's dedicated power network.
To manage resources, the compute factory will use direct-to-chip cooling technology to reduce water usage, drawing from industrial water supplies allocated by the local administration. CleanMax Founder and Managing Director Kuldeep Jain said the state's clean energy policy and natural resources make it suitable for this integrated model.
CleanMax currently serves 606 customers across various sectors and maintains a contracted renewable energy sales portfolio of approximately 6.3 GW as of September 30, 2026.