CleanMax Enviro Energy Solutions and Blackstone-backed AI infrastructure company Neysa will jointly invest approximately ₹8,000 crore to develop a 2-gigawatt (GW) AI compute factory in Andhra Pradesh. The proposed project will be located in the Orvakal Zone of Kurnool district and is expected to be commissioned by March 2028, marking another major investment in India’s rapidly expanding artificial intelligence infrastructure sector.
The companies signed a memorandum of understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB) at the 31st CII Partnership Summit in Visakhapatnam on November 12, 2026. The project will cover approximately 600 acres and is expected to generate 1,000 direct jobs and another 1,000 indirect jobs. The partnership brings together CleanMax’s renewable energy capabilities and Neysa’s AI cloud infrastructure expertise.
CleanMax and Neysa Announce ₹8,000 Crore AI Infrastructure Project
The proposed facility will be developed as a large-scale AI compute factory designed to support the growing demand for computing infrastructure in India.
CleanMax and Neysa plan to invest around ₹8,000 crore in the project, which will be spread across approximately 600 acres in the Orvakal Zone of Kurnool district.
The companies signed the MoU with APEDB during the CII Partnership Summit, where Andhra Pradesh has been positioning itself as a destination for technology, manufacturing and digital infrastructure investments.
The project is targeting commissioning by March 2028.
According to the MoU, the development is expected to create:
- Investment: Approximately ₹8,000 crore.
- Proposed capacity: 2 GW.
- Land requirement: Around 600 acres.
- Location: Orvakal Zone, Kurnool district, Andhra Pradesh.
- Target commissioning: March 2028.
- Direct employment: Approximately 1,000 jobs.
- Indirect employment: Approximately 1,000 jobs.
The direct jobs are expected to include employees working within the facility, including payroll and contract workers. Indirect employment could emerge across logistics, supply chains, maintenance, services and other supporting activities.
The MoU establishes the proposed partnership, but project execution will depend on subsequent development, infrastructure and implementation arrangements.
Why the CleanMax-Neysa Partnership Matters
The partnership combines two different capabilities required to develop and operate large-scale AI infrastructure.
CleanMax specialises in renewable energy solutions for commercial and industrial customers. Its business includes developing and supplying renewable power through solar, wind and hybrid energy projects.
Neysa, meanwhile, focuses on AI cloud infrastructure. Its platforms provide GPU-based computing resources that allow enterprises, startups and public institutions to train, fine-tune and deploy artificial intelligence models.
Bringing these capabilities together could help address two important requirements of AI infrastructure: access to computing resources and reliable electricity.
AI data centres require substantial electricity to operate high-performance processors and cooling systems. As AI workloads become more complex, the demand for reliable power and energy-efficient infrastructure is also increasing.
CleanMax’s renewable energy expertise could therefore complement Neysa’s computing infrastructure business.
However, the companies have not disclosed a detailed power-supply arrangement, financing structure or the project’s complete technical specifications.
What Is a 2-GW AI Compute Factory?
A gigawatt is a unit of power equal to one billion watts. A 2-GW facility represents a very large infrastructure development, but the precise meaning of the announced capacity needs to be distinguished from the amount of computing equipment that will eventually be installed.
An AI compute factory is designed to provide large-scale computing resources for artificial intelligence workloads.
Unlike conventional data centres that primarily host websites, enterprise applications and cloud storage, AI-focused facilities are built to support demanding tasks such as:
- Training large language models.
- Running generative AI applications.
- Processing large datasets.
- Training machine-learning systems.
- Operating AI inference services.
- Supporting research and enterprise AI deployments.
These workloads require specialised graphics processing units (GPUs), high-speed networking, advanced cooling systems and reliable electricity infrastructure.
The 2-GW figure announced for the Andhra Pradesh project represents its proposed capacity. The companies have not yet provided a detailed breakdown of the eventual GPU deployment, IT load, power infrastructure or computing capacity available to customers.
These details will be important in understanding the facility’s final scale and commercial potential.
Blackstone Has Committed More Than $1 Billion to Neysa
The Andhra Pradesh project comes as Neysa receives significant financial backing from global investment firm Blackstone.
In February 2026, Blackstone and co-investors entered into definitive agreements to support a $1.2 billion capital raise for Neysa.
The funding structure included up to $600 million in equity capital, with Neysa intending to secure another $600 million in debt financing, subject to documentation.
The investment is intended to help Neysa expand its AI infrastructure business and deploy more than 20,000 GPUs in India.
Neysa was founded in 2023 and provides AI acceleration cloud services to enterprises and government organisations. Its customers operate across sectors including financial services, healthcare, technology and public services.
The company is led by co-founder and chief executive Sharad Sanghi.
Blackstone’s investment reflects the growing interest of private equity firms in the infrastructure required to support artificial intelligence.
For Neysa, the proposed Andhra Pradesh development could become another part of its broader effort to expand India’s domestic AI computing ecosystem.
CleanMax Is Expanding Its Data Centre Energy Business
CleanMax has also been increasing its exposure to the data centre and AI infrastructure market.
The company has identified data centres and AI as an important growth opportunity because these facilities require large and reliable supplies of electricity.
According to its September 2026 investor presentation, CleanMax had total contracted capacity of approximately 6,270 MW as of September 30, 2026. Around 41% of this capacity came from the Data and AI segment.
The company’s contracted capacity has expanded substantially over the past two years, reflecting growing demand from large commercial and industrial customers.
Its customer base includes major technology and digital infrastructure companies such as Amazon, Google, Meta, Cisco, NTT Data, Equinix and other data centre operators.
The proposed partnership with Neysa would extend this relationship between renewable energy providers and AI infrastructure developers.
For CleanMax, the opportunity lies in supporting the energy requirements of an industry expected to require increasing amounts of electricity as AI adoption expands.
Andhra Pradesh Attracts More AI Data Centre Investments
The CleanMax-Neysa announcement is part of a broader effort by Andhra Pradesh to attract large investments in data centres and digital infrastructure.
The state has been promoting Visakhapatnam, Kurnool and other locations as potential destinations for technology infrastructure projects.
Recent proposals and approvals include:
| Project | Proposed investment | Capacity or scale |
|---|---|---|
| CleanMax-Neysa AI compute factory, Kurnool | ₹8,000 crore | 2 GW |
| AM Intelligence AI data centre, Bheemunipatnam | ₹31,387 crore | 512 MW |
| ReNew green data centre, Makavaripalem | ₹85,200 crore | 1,000 MW |
| Data Centre Holdings India project, Visakhapatnam | ₹58,743 crore | 486 MW |
These projects are at different stages of development and approval. Their investment figures should therefore be viewed as proposed or approved project commitments rather than completed capital expenditure.
The state government has also introduced incentives for large data centre developments, including capital subsidies, electricity tariff concessions, infrastructure support and other benefits, subject to the relevant eligibility conditions.
The strategy is intended to attract data centre operators, cloud infrastructure companies, equipment manufacturers and supporting businesses.
AI Data Centres Create New Demand for Renewable Energy
The expansion of AI infrastructure is changing the electricity requirements of the technology industry.
Traditional data centres already consume substantial amounts of power, but AI facilities can require even more energy because of the intensive computing workloads associated with training and operating large models.
GPUs and other specialised processors generate significant heat and require sophisticated cooling systems. As a result, electricity availability, cooling efficiency and power reliability are major considerations when selecting data centre locations.
Renewable energy can help operators reduce their exposure to conventional electricity sources and meet corporate sustainability targets.
However, renewable power generation is variable. Solar and wind output depends on weather conditions and time of day, meaning large data centres also need reliable grid connections, storage solutions or other arrangements to maintain continuous operations.
CleanMax’s experience in renewable power could therefore be relevant to the proposed partnership, although the companies have not yet disclosed how the Andhra Pradesh facility will meet its full electricity requirements.
Employment and Economic Impact of the Project
The proposed AI compute factory is expected to create approximately 2,000 jobs, including 1,000 direct and 1,000 indirect positions.
Direct employment could include engineering, infrastructure management, computing operations, maintenance, security and administrative roles.
Indirect employment may emerge through construction, logistics, equipment supply, power infrastructure, cooling systems and other supporting services.
The project could also create opportunities for companies involved in electrical equipment, networking, construction, renewable energy and data centre maintenance.
However, the exact number of permanent technology jobs will depend on the facility’s final design and operational requirements. Data centres are capital-intensive developments, and their employment potential does not necessarily increase in proportion to their investment or power capacity.
The Bigger Picture
The CleanMax-Neysa project highlights how India’s AI expansion is creating investment opportunities beyond software development and chip manufacturing. Large-scale computing infrastructure requires land, electricity, cooling systems, networking equipment and substantial capital. Partnerships between renewable energy companies and AI infrastructure providers could become increasingly important as data centre operators seek reliable and more sustainable ways to support growing workloads.
For Andhra Pradesh, the proposed ₹8,000 crore investment adds to a pipeline of data centre and technology projects that could strengthen the state’s digital infrastructure ecosystem. However, investment announcements must translate into land development, financing, equipment deployment and operational facilities before their full economic impact can be realised. The March 2028 commissioning target will therefore be an important milestone to monitor.
Looking Ahead
CleanMax and Neysa are targeting March 2028 to commission their proposed 2-GW AI compute factory in Kurnool district. The project brings together renewable energy expertise and AI cloud infrastructure capabilities, while its planned 2,000 direct and indirect jobs could create additional economic activity in the region. The next important developments will include project implementation, infrastructure planning, financing arrangements and details of the computing equipment to be deployed.
The project also reflects the growing competition among Indian states to attract AI data centres and large digital infrastructure investments. For Neysa, the development could support its ambition to expand domestic AI computing capacity, while CleanMax could strengthen its position in the energy supply ecosystem serving data centres. The long-term success of the partnership will depend on execution, power availability, customer demand and the ability to bring the proposed facility into commercial operation on schedule.
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