• Renewable capex requirement: India requires approximately ₹4 lakh crore of capital expenditure over the next seven years to build 60,000 MW of renewable power and storage to support an expected 8 to 10 GW of data center capacity.
• Data center zoning: CleanMax recommends locating AI data centers near renewable energy generation zones rather than major cities to prevent severe grid strain and extra-high-voltage transmission bottlenecks.
• CleanMax capacity expansion: CleanMax doubled its operating capacity to 3,600 MW within 15 months and scaled its contracted data and AI capacity tenfold from 240 MW in March 2024 to 2,400 MW by March 2026.
• Capital goods opportunity: Non-server infrastructure costs ₹60 to ₹70 crore per MW, offering substantial order inflows for players like Siemens, ABB, and Kirloskar Oil Engines, which is breaking Cummins' monopoly in high-horsepower backup gensets up to 2750 kVA.