The company has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) for the plan. Under the agreement, Clean Max will invest nearly Rs 50,000 crore in the integrated facilities.
The electricity will go to a compute factory being set up in Kurnool in partnership with Neysa. Clean Max will be responsible for the power infrastructure and the supply of electricity to the site.
Why the model matters
Kuldeep Jain, Founder and Managing Director of Clean Max Enviro Energy Solutions, said computing is becoming one of the biggest new sources of power demand. He said such facilities need clean energy that is available round the clock.
Jain said the company is planning generation, storage and distribution together, linked to the computing load they serve, instead of building each part separately. He added that Andhra Pradesh’s clean energy policy framework, along with its strong wind and solar resources, makes the state a suitable place to build this model at scale.
What it means for the state
The project adds to Andhra Pradesh’s push to attract large clean energy investments tied to new industrial demand. The MoU with the APEDB sets out the framework for the proposed investment, though the material does not give a timeline for when the facilities will be completed.