ETMarkets Management Talk | CleanMax’s next growth phase: 1.5 GW capacity addition target, Rs 3,000 crore EBITDA by FY28, says Kuldeep Jain
Forget just 'going green'; CleanMax isn't merely plugging into India's renewable revolution, they're practically building the power infrastructure for the country's AI-driven, data-hungry, 'Make in India' future. Their ambitious 1.5 GW capacity target and Rs 3,000 crore EBITDA by FY28 isn't just good business; it’s a brilliant strategic maneuver, perfectly positioning them as the electrifying backbone for the very industries defining India's economic surge. They're not just chasing the sun; they're making sure the new digital economy doesn't run out of juice.
Driving this significant expansion, CleanMax aims for a robust 1.5 GW in additional capacity by FY27, with an eye on exceeding Rs 3,000 crore EBITDA by FY28. This growth trajectory is strategically aligned with the burgeoning demands from energy-intensive sectors such as data centers, the explosive rise of AI infrastructure, the national push for 'Make in India' initiatives, and the broader manufacturing sector. To underpin this aggressive growth, the company's strong AA credit rating is a key asset, further bolstered by a planned Rs 2,500 crore bond issue designed to enhance its funding accessibility and secure the capital needed for these ambitious clean energy projects.
