CleanMax

By Gurjot Singh , 25 February 2026

CleanMax has announced an investment of Rs 1,200 crore to develop a 200 megawatt solar park in Andhra Pradesh, reinforcing the state’s push toward renewable energy expansion. The project is expected to generate employment opportunities during construction and operational phases while strengthening industrial access to clean power. The investment aligns with Andhra Pradesh’s broader strategy to attract green capital and accelerate energy transition initiatives.

By Eknath Deshpande , 23 February 2026

India’s renewable energy sector is set for a significant market debut as CleanMax launches its initial public offering on Feb. 23. Ahead of the public issue, the company has raised Rs 921 crore from anchor investors, signaling robust institutional confidence. The IPO aims to support CleanMax’s expansion in rooftop solar, open-access renewable projects, and long-term power purchase agreements with corporate clients.