AdaniConneX Private Limited, a joint venture of EdgeConneX Europe BV has incorporated a new subsidiary Mumbai Data Center Limited (MDCL) to set up data centres in Mumbai.
With reference to the captioned subject, we would like to inform that AdaniConneX Private Limited, Joint Venture of the Company with EdgeConneX Europe BV has incorporated a WOS namely,
The Mumbai Data Center Limited (“MDCL”) was formed on 4th February 2022, with an Initial Authorised and Paid-Up Share Capital of Rs. 1,00,000/- each, to, interalia, undertake business to develop, operate, maintain, deal with data centres, Information Technology (IT) / Information Technology Enabled Services (ITES) / cloud, providing services related thereto and to undertake activities associated with its infrastructure development including land acquisition & development for the said purpose, the company said in a stock exchange filing.
The company further added that MDCL will commence its business operations in due course.
Last year in the month of February, Adani Enterprises, the flagship company of the Adani Group, and EdgeConneX, a leading global data centre operator with 50 facilities in 30 markets around the world, had announced the establishment of a 50:50 joint venture. The JV will focus on developing and operating data centres throughout India, leveraging the two partner’s complementary expertise and capabilities.
“To address the rapidly growing need for high- quality and reliable IT infrastructure both organisations are committed to investing significant capital into the joint venture over the next decade to build out India’s leading green data centre platform,” the company said.
The AdaniConneX JV will focus on building a network of hyperscale data centers in India, starting with the Chennai, Navi Mumbai, Noida, Vizag and Hyderabad markets.
The development of Chennai 1 with 33 MW IT load will go live by June 2022, the company said. This data centre will be located in Sipcot IT Park and is spread across 5 acres. Chennai 1 is located close to the national highway and other major IT parks of the city.
