CleanMax Reaches 530 MW Q1 FY27 Renewable Milestone
POWER & RENEWABLE ENERGY

CleanMax Reaches 530 MW Q1 FY27 Renewable Milestone

CleanMax Enviro Energy Solutions Ltd commissioned around 530 MW of renewable energy (RE) capacity in the first quarter of FY27, its highest quarterly addition. The record increased the operational RE portfolio from around three point six GW as of March 2026 to approximately four point two GW, strengthening its position in India's commercial and industrial renewable segment. The company said the milestone reflected growing corporate adoption of renewables and its execution capabilities.

The operational portfolio now comprises around three point five GW under its renewable energy power sales business and around zero point seven GW under its renewable energy services business. During Q1 FY27 the company added 403 MW to its RE power sales portfolio, including about 350 MWp of solar and 53 MW of wind. The additions included projects owned or co-owned by CleanMax, including group captive projects with customer equity under long-term power purchase agreements (PPAs) and energy attribute purchase agreements (EAPAs).

The quarter saw largest capacity additions in Gujarat at around 170 MW, Karnataka at around 160 MW and Maharashtra at around 110 MW, with further commissions in Haryana and Chhattisgarh. The overall expansion was delivered across 11 project sites in five states. Kuldeep Jain, Founder and Managing Director, said that crossing 500 MW of commissioning in a single quarter reflected strong demand from commercial and industrial customers and marked an important expansion of the operating portfolio and long-term partnerships. He said the company would maintain focus on timely execution and customer support in energy transition.

Recent customer additions include large technology, data centre and industrial firms such as Meta, Apple, STT GDC India, Iron Mountain Data Centers, Princeton Digital Group, CEAT and Gujarat Alkalies and Chemicals Ltd (GACL). The company said these wins underscored rising demand for clean energy solutions among commercial and industrial consumers and reinforced the role of long-term agreements and customer-owned projects in scaling capacity. CleanMax indicated it would pursue further projects across solar, wind and hybrid platforms to meet corporate renewable requirements.

CleanMax Enviro Energy Solutions Ltd commissioned around 530 MW of renewable energy (RE) capacity in the first quarter of FY27, its highest quarterly addition. The record increased the operational RE portfolio from around three point six GW as of March 2026 to approximately four point two GW, strengthening its position in India's commercial and industrial renewable segment. The company said the milestone reflected growing corporate adoption of renewables and its execution capabilities. The operational portfolio now comprises around three point five GW under its renewable energy power sales business and around zero point seven GW under its renewable energy services business. During Q1 FY27 the company added 403 MW to its RE power sales portfolio, including about 350 MWp of solar and 53 MW of wind. The additions included projects owned or co-owned by CleanMax, including group captive projects with customer equity under long-term power purchase agreements (PPAs) and energy attribute purchase agreements (EAPAs). The quarter saw largest capacity additions in Gujarat at around 170 MW, Karnataka at around 160 MW and Maharashtra at around 110 MW, with further commissions in Haryana and Chhattisgarh. The overall expansion was delivered across 11 project sites in five states. Kuldeep Jain, Founder and Managing Director, said that crossing 500 MW of commissioning in a single quarter reflected strong demand from commercial and industrial customers and marked an important expansion of the operating portfolio and long-term partnerships. He said the company would maintain focus on timely execution and customer support in energy transition. Recent customer additions include large technology, data centre and industrial firms such as Meta, Apple, STT GDC India, Iron Mountain Data Centers, Princeton Digital Group, CEAT and Gujarat Alkalies and Chemicals Ltd (GACL). The company said these wins underscored rising demand for clean energy solutions among commercial and industrial consumers and reinforced the role of long-term agreements and customer-owned projects in scaling capacity. CleanMax indicated it would pursue further projects across solar, wind and hybrid platforms to meet corporate renewable requirements.

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement