ALFA Finder
| MoU Value | ₹50,000 CrProposed Investment |
|---|---|
| Market Cap | ₹15,425.46 CrMid-range Performer |
| P/E TTM | 86.35Sector 21.68 |
| 1Y Price Change | 24.43%Annual Growth |
| Execution period | Phased, with at least 1.5 GW by 2029; investments over the next five years |
| Deal value | ₹50,000 Cr |
| Share of market cap | 324.1% |
| Share of annual revenue | 1968.7% |
Key highlights
- MoU value of ₹50,000 crore represents approximately 324.1% of the company's market capitalization
- Proposed development of 3 GW integrated renewable energy and 1 GW of pumped storage facilities
- Power infrastructure to support a 2 GW Green Compute Factory in collaboration with AI provider Neysa
- Phased execution strategy with at least 1.5 GW of renewable capacity targeted by 2029
- Integration of generation, storage, and distribution through a dedicated Special Purpose Vehicle
A ₹50,000 Crore Leap Into Integrated Energy
Clean Max Enviro Energy Solutions Limited has entered into a transformative Memorandum of Understanding with the Andhra Pradesh Economic Development Board, outlining a proposed investment of nearly ₹50,000 crore. This figure is significantly higher than the company's current market capitalization of ₹15,425.46 crore and dwarfs its trailing twelve-month revenue of ₹2,539.73 crore. The initiative seeks to develop 3 GW of wind and solar capacity integrated with 1 GW of pumped hydro storage.
This integrated model is designed to provide round-the-clock clean energy to a 2 GW Green Compute Factory, aligning generation directly with high-intensity compute demand from the initial planning stage.
Commitments To Local Infrastructure And Skilling
- Upgrading infrastructure of local primary schools and Anganwadis with United Way of Hyderabad
- Training local youth for entry-level roles in Compute Factories via Pratham Education Foundation
- Specialised training programs for final-year students at local ITIs and engineering colleges
- Advanced cooling and power systems training to aid job security in building Compute Factories
- Partner Neysa to provide compute resources to top-tier research institutions in Andhra Pradesh
Powering AI Through Dedicated Infrastructure
The Green Compute Factory will be established in the Kurnool district of Andhra Pradesh in collaboration with Neysa, a Blackstone-backed AI cloud provider. Neysa will anchor the complex with 1 GW of IT load, while CleanMax manages the underlying power generation and distribution. To ensure a reliable supply, a CleanMax-owned Special Purpose Vehicle will apply for a Distribution License from the Andhra Pradesh Electricity Regulatory Commission.
This dedicated network will utilize direct-to-chip cooling technologies to minimize water consumption, reflecting a focus on sustainable industrial infrastructure. The company currently manages a contracted portfolio of 6.3 GW, making this new project a significant addition to its long-term pipeline.
Management on Strategic Growth
Compute is becoming one of the largest new sources of power demand, and it needs clean energy that is available every hour of the day. In Andhra Pradesh, we are planning generation, storage and distribution integrated with the compute load they serve, rather than one after the other.
What to watch next
- Filing of the Distribution License application with APERC for the dedicated power network
- Phased commissioning of the 534 MW Koppal CTU project between December 2026 and March 2027
- Development milestones for the first 1.5 GW of renewable capacity targeted by 2029
- Next quarterly financial results following the Sep 30, 2026 reporting cycle
“Andhra Pradesh's clean energy policy framework and its strong wind and solar resources make it the right place to build this model at scale.”
| Share price | ₹1310.2 |
|---|---|
| Market capitalisation | ₹15,425.46 Cr |
| Revenue (annual) | ₹1,912.87 Cr |
| Net profit (annual) | ₹94.13 Cr |
| Revenue (latest quarter) | ₹727.65 Cr-12.56% vs previous quarter |
| Net profit (latest quarter) | ₹47.05 Cr-3.03% vs previous quarter |
| P/E (TTM) | 86.35×Sector 21.68× |
| Promoter holding | 49.28%-0.14% QoQ |
| FII holding | 13.87%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Clean Max Enviro Energy Solutions Limited announcing a Memorandum of Understanding with the Government of Andhra Pradesh for a ₹50,000 crore investment. Market figures from a third-party data provider.
