CleanMax Targets 1.5 GW Capacity Addition and Rs 3,000 Crore EBITDA by FY28

CleanMax aims to add 1.5 GW capacity by FY27 and achieve over Rs 3,000 crore EBITDA by FY28, driven by demand from data centers, AI, and manufacturing, supported by a planned Rs 2,500 crore bond issue.

22 Aug, 05:20 — 22 Aug, 05:20

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economic-times3d ago

ETMarkets Management Talk | CleanMax’s next growth phase: 1.5 GW capacity addition target, Rs 3,000 crore EBITDA by FY28, says Kuldeep Jain

CleanMax targets 1.5 GW capacity additions in FY27 and over Rs 3,000 crore EBITDA by FY28. Growth is driven by data centres, AI, Make in India and manufacturing demand. An AA credit rating and planned Rs 2,500 crore bond issue will strengthen funding access as the company scales its renewable portfolio.

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CleanMax Targets 1.5 GW Capacity Addition and Rs 3,000 Crore EBITDA by FY28

Sources

ETMarkets Management Talk | CleanMax’s next growth phase: 1.5 GW capacity addition target, Rs 3,000 crore EBITDA by FY28, says Kuldeep Jain

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