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Adani Group to invest Rs 50,000 cr for hyperscale data centre in Maharashtra

Thursday, 18 Jan 2024
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Adani Group will invest Rs 50,000 crore over the next 10 years in setting up a one GW data centre in Maharashtra. Its flagship company Adani Enterprises and the Maharashtra government, signed a memorandum of understanding (MoU) towards the hyperscale data infrastructure on 17 January, 2024. The MoU was signed in the presence of Maharashtra Chief Minister Eknath Shinde and Adani Group Chairman Gautam Adani at the World Economic Forum 2024 in Davos.

The Group also intends to make deemed distribution investments to power the proposed data centre infrastructure. The data centre infrastructure will be set up in key locations such as Mumbai or Navi Mumbai and Pune, and will be powered by renewable energy, which will enhance green energy ecosystem in the state. It will provide direct and indirect employment to 20,000 people. 

The Maharashtra government, which aims to promote information technology-related infrastructure and services considers the proposed hyperscale project to be economically and socially beneficial to the state. Such mega projects have also facilitated Mumbai's renewable energy journey and aligns well with the sustainability goals.

 

 
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