CleanMax has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) to invest approximately ₹50,000 crore in developing an integrated clean energy complex.
This was announced at the 31st CII Partnership Summit here on Thursday. The proposed complex will power a dedicated 2 GW Green Compute Factory in Kurnool, Andhra Pradesh, in collaboration with Blackstone-backed AI cloud provider Neysa.
Designed from the ground up for resource efficiency, the facility will minimize water consumption using direct-to-chip cooling technologies and draw solely from allocated industrial water supplies.
CleanMax will develop 3 GW of integrated renewable energy (wind and solar) alongside 1 GW of pumped hydro storage (complemented by BESS) over the next five years, with at least 1.5 GW of renewable capacity slated for completion by 2029.
It will integrate generation, storage, and distribution to deliver round-the-clock green power. A CleanMax-operated SPV will apply to APERC for a dedicated Distribution License for the park.
Published on November 12, 2026
