Announced Wed, 1 Apr · 08:01 IST

Clean Max Enviro Energy Solutions Limited has informed the Exchange regarding a press release dated April 01, 2026, titled "CleanMax and STT GDC India Scale Renewable Energy Partnership Beyond 130 MW to Power India s Sustainable, AI-Ready Digital Infrastructure".

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AI summary

CleanMax has expanded its partnership with STT GDC India beyond 130 MW of renewable energy capacity. The deal includes an additional 21 MWp of solar power for data centres in Tamil Nadu and Maharashtra, along with a 26% equity investment by STT GDC India in the renewable energy project. CleanMax's AI and data centre segment now accounts for approximately 42% of its 5.7 GW contracted capacity, growing nearly tenfold over the past two years. STT GDC India is on track for carbon neutrality by 2030, with renewables already contributing around 70% of its energy mix as of calendar year 2025.

Likely market impact

This expansion strengthens CleanMax's position as the leading C&I renewable energy provider in India, with growing visibility from AI-driven data centre demand. For shareholders, the partnership signals sustained revenue growth and diversification into high-growth digital infrastructure, though concentration risk remains as one sector dominates capacity.