Diversified conglomerate Adani group will invest Rs 70,000 crore over the next 20 years to build solar-powered data center parks of up to 5 gigawatts in and around Visakhapatnam in Andhra Pradesh, its single largest investment till date.
In a move that would bolster India’s technology infrastructure and boost the concept of green data centers, Adani group signed a memorandum of understanding with the Andhra Pradesh government on Wednesday in the presence of Chief Minister N Chandrababu Naidu.
The move also marks Adani group’s foray into the digital technology infrastructure sector that India is looking to accelerate.
The ambitious project touted as the first-of-its-kind 100 percent renewable energy powered project in the world, is expected to make Andhra in the East Coast the data center hub for India and South East Asia creating over a lakh of direct and indirect jobs.
“From core infrastructure projects in Uttar Pradesh to the rollout of the defense business at Telangana, our vision is to create stellar assets across the length and breadth of the country,” Adani group chairman Gautam Adani told the source.
He said the foray into data storage business would leverage the Adani group’s vast experience in full stack energy management and strong project execution, making it uniquely qualified to deliver a practical 100% renewable data center infrastructure with world-class power usage effectiveness (PUE).
Adani group will develop data center parks across three different campuses with each offering complementing value and together providing the required redundancy and reliability to datacentre operators. These data center parks will be powered with 100% renewable energy to be generated within Andhra Pradesh.