CleanMax Sees Strong Growth From State Grids, Targets 1,500 MW Annual Capacity Addition

CleanMax is working to resolve renewable energy curtailment issues and secure approvals for a new storage plant as it prepares for its next phase of growth, Founder and Managing Director Kuldeep Jain told NDTV Profit. Jain said 87% of the company's capacity is located in no-curtailment state grids, while data centres and AI-related customers now contribute 42% of overall business. He added that CleanMax aims to add 1,500 MW of capacity annually, with margins supported by growth in both energy and equipment sales.