Celestial Private Limited, Wholly Owned Subsidiary of Clean Max Enviro Energy Solutions
As filed · General Updates
BusinessImprovingMinormateriality 59 out of 100
What happened
FactCelestial Private Limited, Wholly Owned Subsidiary of Clean Max Enviro Energy Solutions. Limited completed commissioning of 351.4 MWp in Bikaner Solar Park on 26 May 2026. (Formerly known as Clean Max Enviro Energy Solutions Private Limited).
Why it matters
CapitSignal interpretationNew capacity spends capital now for volume later; the commissioning date is the commitment that can be checked against subsequent filings.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Order Book
RevisedEarlierQ3 FY26
the tenor of the PPA continues to be high across I think nearly 1,200 power purchase agreements.
NowQ3 FY26
the weighted average tenor is about 23 years.
Change
FactTarget revision
Implication
CapitSignal interpretationThe stated figure moved -98.08%.confidence 60%
Watch next
Fact- Stated commissioning date
- Capital outlay and how it is funded
- Expected asset turns at full utilisation
- we are now comfortable providing a sort of threshold EBITDA guidance for next fiscal, which is FY28. (management committed by FY28)
- Based on our continued performance, we feel confident about giving a guidance of minimum EBITDA of ₹ 3,000 Cr (management committed by FY27)
Evidence
- Clean Max Enviro Energy Solutions Limited has informed the Exchange about commissioning of 351.4 MWp by Clean Max Celestial Private Limited (Wholly Owned Subsidiary of Clean Max Enviro Energy Solutions Limited) in Bikaner Solar Park.(opens the original filing in a new tab)
- Earlier statement · Q3 FY26
- Latest statement · Q3 FY26
- Earlier statement · Q4 FY26
How CapitSignal classified this
- Reasoning:
- CAPACITY_EXPANSION base 54; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%