
CleanMax Enviro Energy Solutions has signed memorandums of understanding for projects worth Rs 36,000 crore in Andhra Pradesh. The first phase includes <b>one gigawatt of pumped hydro storage</b> and <b>three gigawatts of wind and solar power</b>. The company plans to supply electricity to a compute facility in Kurnool district being developed with AI cloud provider Nesa. CleanMax founder and managing director Kuldeep Jain told Eenadu that the CII summit is creating a supportive environment for investors. He said the company is preparing proposals for <b>Rs 50,000 crore in investments</b> in Andhra Pradesh, with the initial renewable energy projects targeted for completion within four to five years of launch.
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