Published On:February 25 2021
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Adani group to invest Rs. 2,500 crore in setting up a data centre, says Noida authority.

Adani Enterprises of the Adani Group has shown interest in setting up a data centre in Noida, with an investment of Rs. 2,500 crore, a senior Noida authority official said.

Adani Enterprises and EdgeConneX, a leading global data center operator with 50 facilities in 30 markets around the world, has recently announced the establishment of a 50:50 joint venture.

The JV will develop and operate data centers throughout India, leveraging the two partners complementary expertise and capabilities.

“Adani group has submitted application for a 9-acre land in Sector 80, Noida to set up a data centre. In their application, they have said they will invest Rs 2,500 crore. We have large plots available in phase-2 for industrial use and to set up data centre as well,” said Avinash Tripathi, officer on special duty at the Noida authority.

Adani group has said that newly formed JV will focus on building a network of hyperscale data centers in India, starting with Chennai, Navi Mumbai, Noida, Vizag and Hyderabad markets. Development and construction at these sites have already begun.

In addition to full scale data centers, AdaniConneX will also develop a portfolio of Edge data centers strategically located throughout India that will support the need for more proximate capacity.

Recently, Japanese technology firm NTT Ltd. has acquired 6-acre land in Greater Noida to set up a data centre with an investment of Rs. 1,000 crore.

According to the Greater Noida authority, the plan is to develop the region into a data centre hub as this is the second transaction after Mumbai-based Hiranandani Group’s Yotta Infrastructure said it would set up a 20-acre data centre park in Greater Noida with an investment of Rs. 7,000 crore.

The Uttar Pradesh government is also formulating a policy to attract data centre builders to Noida, seeking to draw investments away from preferred destinations such as Mumbai, Bengaluru, Hyderabad and Chennai.

In a bid to be cost-competitive, the policy will include benefits such as uninterrupted power supply and permission to build without underground parking.

DLF has also leased 360,000 square feet at the upcoming Noida IT Park to Singapore-based ST Telemedia Global Data Centres.

India’s data centre capacity, as measured in terms of power load, is expected to almost triple to 1,078 MW by 2025 from 375 MW in H1 2020, presenting a $4.9 billion investment opportunity, Jones Lang LaSalle said in a report in September. Mumbai and Chennai will account for a 70% share of the capacity additions, JLLsaid.

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