TAG: "Nikunj Ghodawat"

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CleanMax Secures CRISIL AA/Stable Rating for INR 2,500 Crore NCDs

CleanMax has secured a ‘CRISIL AA/Stable’ corporate and NCD rating for up to INR 2,500 crore, strengthening its financing capabilities as it targets over 1.5 GW of capacity additions in FY27.

Nikunj Ghodawat | September 08, 2026 | By Mrinmoy Dey | 772

CleanMax Doubles Revenue to INR 832 Cr in Q1 FY27, Contracted RE Portfolio Reaches 6.8 GW

CleanMax reported Q1 FY27 revenue of INR 832 crore, up 107 percent from Q1 FY26, with adjusted EBITDA of INR 494 crore and PAT of INR 55 crore, while its contracted renewable energy portfolio expanded to 6.8 GW. The company has commissioned 500 MW of RE projects across India during the quarter.

Nikunj Ghodawat | August 01, 2026 | By Mrinmoy Dey | 1294

CleanMax Commissions 185 MW Wind-Solar Hybrid Project in Kalavad, Gujarat

CleanMax has commissioned a 185 MW hybrid renewable project in Kalavad, Gujarat, supplying power to 17 C&I customers under the group captive model and taking its total operational capacity in the state to about 844 MW.

Nikunj Ghodawat | April 08, 2026 | By Mrinmoy Dey | 946