NTT Data Unveils Plans for New Data Center Campus in Noida

Japanese multinational corporation NTT Data made a significant announcement on Wednesday, revealing the launch of its latest data center campus in Noida. Named Noida 2, the campus sprawls across six acres and is strategically situated in Noida's data center corridor. With a planned capacity of 52.8 MW critical IT load spread across two data centers, NTT Data is set to fortify its presence in India's growing data center market.

Doug Adams, CEO and President of NTT Global Data Centers & Submarine Cable, emphasized the importance of India in their global strategic roadmap for consistent capacity expansion across existing and new data center markets. The first data center within the Noida 2 campus will support a 22.4 MW IT load and cover an area of 300,000 sq. ft., marking a significant addition to NTT Data's extensive portfolio.

The new campus boasts carrier-neutral features and seamless interconnectivity with NTT's other data center locations, ensuring minimal latency. NTT Data also highlighted the high levels of automation incorporated into the facility, monitoring and optimizing performance and resources such as power and water.

An innovative aspect of Noida 2 is its incorporation of seismic dampers, making it the first data center campus in India equipped to handle uninterrupted operations even during significant seismic events, underscoring NTT Data's commitment to resilience and continuity.

With this launch, NTT Data now operates a total of 18 data centers across Delhi NCR, Mumbai, Chennai, and Bengaluru, solidifying its position as a key player in the Indian data center landscape.

In a related development, consulting firm Nihilent announced on Thursday a leveraged buyout of the controlling stake from NTT Ltd. Founder and promoter LC Singh facilitated the 69.16% buyout using debt financing from a consortium of leading funds, including ICICI Prudential Corporate Credit Opportunities Fund AIF-I and Piramal Structured Credit Opportunities Fund. This strategic move positions Nihilent as a management-owned entity, granting the company increased autonomy and control over its operations.

LC Singh, Executive Chairman of Nihilent, expressed excitement about regaining full control, stating, "This strategic move allows Nihilent to implement our vision and business strategies more effectively."

BS