New Delhi: Clean Max Enviro Energy Solutions Ltd (CleanMax) will build a Rs 8,000 crore, 2 GW Compute Factory in Andhra Pradesh. It will do so in partnership with Neysa, an artificial intelligence (AI) cloud platform backed by Blackstone. According to a statement issued on Thursday, the project will come up on about 600 acres in the Orvakal Zone of Kurnool district.
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The statement described the Compute Factory as a data centre park designed as a net zero AI factory. It will combine CleanMax’s renewable power with Neysa’s AI compute.
The Andhra Pradesh Economic Development Board (APEDB) and CleanMax signed a memorandum of understanding (MoU) for the project. The signing took place at the Confederation of Indian Industry (CII) Partnership Summit 2026 in Visakhapatnam. The APEDB Chief Executive Officer signed for the state, and Tejus AV, Chief Commercial Officer, signed for CleanMax.
Nara Lokesh, Andhra Pradesh’s Minister for Human Resources Development, Information Technology and Electronics, tied the project to the power needs of AI. “AI will run on compute, and compute will run on clean power,” he said. “CleanMax and Neysa, with Blackstone’s backing, are bringing both together in Orvakal.”
He set out what the state expects from the project. “This 2 GW net zero AI factory will strengthen Andhra Pradesh’s digital backbone and create high-quality jobs for the youth of Rayalaseema,” Lokesh said.
Senior leaders of CleanMax, Neysa and Blackstone met Lokesh at the summit and confirmed the partnership, the statement said. Kuldeep Jain, Chairman and Managing Director, and Tejus AV represented CleanMax. Sharad Sanghi, Founder and Managing Director, attended for Neysa. Blackstone was represented by Nikhil Goyal, Managing Director, Private Equity.
According to the statement, the project is expected to create 1,000 direct and 1,000 indirect jobs. Commissioning is targeted for March 2028.
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The statement linked the Orvakal project to the AI hub in Visakhapatnam. Together, it said, the two would strengthen Andhra Pradesh’s digital backbone. It added that the Compute Factory would bring high-quality jobs to Rayalaseema.