Page 4 - Data Centre

Adani Group to invest Rs 50,000 cr to set up data centre in Maharashtra

Adani Group will invest Rs 50,000 crore over the next 10 years in setting up a 1 GW data centre in Maharashtra, the apples-to-airport conglomerate said on Wednesday. Adani Enterprises Ltd, the flagship company of the group, and the Maharashtra government, signed a memorandum of understanding (MoU) for setting up the 1 GW (gigawatt) hyperscale data infrastructure. 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, it said in a statement. "The data centre infrastructure, which will be set up in key locations such as Mumbai or Navi Mumbai and Pune, will be powered by renewable energy, which will enhance the green energy infrastructure in Maharashtra, and provide direct and indirect employment to 20,000 people," it said. Adani Group also intends to make deemed distribution investments to power the proposed data centre infrastructure. The Maharashtra government is interested in

Telangana signs deals worth Rs 12,400 cr with Adani Group at Davos summit

Business conglomerate commits investments in data centre, energy storage, cement plant

Web Werks to set up Rs 20,000 crore data centre park in Bengaluru

Web Werks India proposes to invest Rs 20,000 crore to set up a data centre park here, according to an MoU the company signed with the Karnataka government at the World Economic Forum Annual Meeting at Davos. "Great news from Davos! This is a giant leap in our infrastructure journey. Welcome aboard, Web Werks!", the Chief Minister Siddaramaiah said on 'X' "Karnataka has inked an MoU with Web Werks India Pvt. Ltd at the World Economic Forum. We're set to welcome a massive Rs 20,000 crore investment from Web Werks for a new Data Centre Park in Bengaluru," he said. The government signed MoUs with investment proposals to the tune of Rs 22,000 crore with seven companies, including the one with Web Werks, on Tuesday, according to a statement issued by the Karnataka Minister for Large and Medium Industries and Infrastructure Development M B Patil. A delegation from the state, headed by Patil, engaged in a series of deliberations with industry leaders during the WEF Meet 2024 in Switzerlan

RIL, int'l partners launch data centre in Chennai, their first in India

Joint venture called Digital Connexion has bought land in Mumbai to set up another data centre

India is politically stable, our investment growing faster here: NTT CEO

India is a highly skilled and politically stable market that is giving high return on investments for data centre business, a senior official of NTT Global Data Centers and Submarine Cable company said on Thursday. The company announced the setting up of a new data centre campus in Noida with a total planned capacity of 52.8 megawatt critical IT load. NTT Global Data Centres and Submarine Cable CEO and President, Doug Adams, said Europe is the biggest market for the company, followed by the US, and Asia. However, he said the company's growth in India in the past two years was faster than in other markets. In the last two years, the company has added 44 MW of data centre capacity in Europe and 268 MW in India. "This shows that we are growing faster in India than other markets. It is a high return on investments. We have very strong growth and this is a politically very stable market that we are committed to growing," Adams said. The Noida data centre, spread across 300,000 sq ft,

Japanese company NTT Data announces new data center campus in Noida

The campus, named Noida 2, spans across six acres and is located in Noida's data centre corridor. It will support a planned capacity of 52.8 MW critical IT load in two data centres

Data centre firm Yotta's Nvidia AI chip orders to reach $1 billion: CEO

Sunil Gupta, CEO and co-founder of Yotta, told Reuters on Thursday that the order would comprise nearly 16,000 of Nvidia's artificial intelligence chips H100 and GH200 and will be placed by March 2025

RIL, Brookfield Infra, Digital Realty set up data centre joint venture

Reliance Industries, infrastructure firm Brookfield Infrastructure and Digital Realty have concluded a transaction to set up a three-way joint venture for data centre services, an official statement said on Tuesday. The three companies entered into an agreement in July 2023 to invest in their existing special purpose vehicle Digital Connexion for developing data centres in India. "With this announcement, the joint venture will assume a new identity as Digital Connexion: A Brookfield, Jio and Digital Realty Company succeeding and building on the strong foundation laid by BAM Digital Realty," Digital Connexion said in a statement. The transaction will result in the three companies becoming equal shareholders, with each owning a one-third (33.33 per cent) stake in the joint venture. "The joint venture is actively progressing the development of strategically located data centres in Chennai and Mumbai. Its flagship greenfield data centre, MAA10, with 20 megawatts (MW) of IT load capacit

Cyclone Michaung: State's data centres struggle to weather heavy storm

Connectivity drowns as servers bear the brunt of Cyclone Michaung's fury

Air India moves its computational workload to cloud; shuts two data centres

Air India has shut down its two data centres and has moved its computational workload to the cloud, a move that will help the loss-making airline save nearly USD 1 million annually. In a release on Tuesday, the Tata Group-owned airline said it has successfully migrated to a cloud-only IT infrastructure, having closed its historic data centres located in Mumbai and New Delhi. "The closure of the data centres will further result in net savings of nearly a million dollars every year," it said. The entire process of migration to the cloud was managed by Air India's people in Silicon Valley in the US, Gurugram and Kochi in India. The computational workloads were migrated to the cloud from several mainframes, hundreds of servers, a large amount of data, and hundreds of pieces of equipment. According to the release, the now-closed data centres were once used to drive innovations and automations across multiple spheres of the airline's commercial and financial functions. "We have adopted

Air India moves its IT infrastructure to Cloud, shuts down two data centres

Tata Group-owned airline said that the move is expected to help Air India save $1 million annually

Singapore's CapitaLand secures $155 mn loan for data center in India

"Securing this onshore loan in India would diversify our funding sources and help us to optimise our funding costs," said Sanjeev Dasgupta, CEO of CLINT

CtrlS to invest Rs 250 crore to set up a data center in Uttarakhand

Edge data centers are built close to the users, allowing them to provide a smooth transmission of data to the users

Data centres to see Rs 45,000 crore investments till FY26, says Crisil

The data centre industry is estimated to get investments of up to Rs 45,000 crore till the end of FY26, a domestic credit ratings agency said on Wednesday. The higher investments will be on account of demand for data and storage, Crisil Ratings said in a note. Large enterprises are increasingly embracing cloud solutions, which is fuelling the surge in demand for data centres, the agency said, adding that rising usage and adoption of Over-The-Top (OTT) platforms is driving up retail data consumption. It said mobile data traffic alone has risen at an annual rate of 45 per cent over the last five years. The newly launched 5G services will amplify data consumption among retail users even further, which will produce data that will finally be stored in data centres, the agency said. Moreover, there is an enhanced regulatory emphasis on local storage of personal data as stipulated under the Digital Personal Data Protection Act as well as through policies formulated by some of the sector

Hyderabad-based CtrlS Datacenters announces plan to invest $2 bn in 6 years

Company expects to hire more than 1,000 people, especially senior leaders

Uttar Pradesh govt eyes Rs 30k cr pvt investment in data centre hubs

According to reports, India is poised to create a trillion-dollar economic value from the digital economy by 2025

Colt Data Centre lines up Rs 6.2K cr for Mumbai, Chennai units in 5 years

Based in Navi Mumbai, the new data centre sits on a land parcel of 15 acres and is capable of supporting 120 Megawatts (MW) of IT power capacity

CIPL gets Rs 137 cr contract from SPMCIL to set up 2 data centres

Technology solutions company CIPL on Monday said it has signed a Rs 137 crore agreement with government-owned bank note and security paper manufacturer SPMCIL for setting up two data centres. "A landmark agreement, named 'PRAGAMAN' worth Rs 137 crore was signed between Security Printing and Minting Corporation of India Limited (SPMCIL) and Corporate Infotech Pvt. Limited (CIPL), Noida for establishing two data centre," CIPL said in a statement. The data centres which include "primary and disaster recovery" will be set up at Noida and Hyderabad, CIPL said. The project would witness the upgradation and migration of the current setup of SPMCIL to the latest technology in order to obtain better throughput in terms of speed, accuracy and efficiency, it said. SPMCIL has been engaged in manufacturing of currency and bank notes, security paper, non-judicial stamp papers, postal stamps and stationery and travel documents, among others. CIPL said it has executed a number of critical project

Sify to invest Rs 3K crore in 5 years to boost data centre capacity

Data localisation and cost efficiency are among the key factors driving the demand for data centres in India

The heart of business: How data centres are growing bigger and better

Infrastructure needed to power companies is expanding around India and upgrading technology that's environment-friendly