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

·Economic Times·Impact 1/5 · Low

CleanMax, a renewable energy company, has set ambitious growth targets. The company aims to add 1.5 gigawatts of capacity in the current financial year and reach an earnings before interest, taxes, depreciation, and amortization of over Rs 3,000 crore by the end of the financial year 2028. This growth is driven by increasing demand from data centres, artificial intelligence, and manufacturing sectors.

Read the source report: Economic Times →

Why it matters

CleanMax is targeting significant growth in capacity additions and EBITDA. This growth is driven by increasing demand from data centres and manufacturing, which could lead to increased investor confidence.

Market impact

Impact score
1 / 5
Market signal
Positive / risk-on
Category
Market moves
Model confidence
50%

Markets & countries in focus

India

Transmission channels

Capacity additionsIncreased EBITDAHigher investor confidenceGrowth in renewable energy sector

Likely winners & losers

Winners

  • Renewable energy stocks
  • Data centre operators

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to Economic Times. For information only — not financial advice.