Adani Enterprises Ltd., a part of the wider Adani Group, has inked a Memorandum of Understanding with the government of Maharashtra to invest Rs 50,000 crores (US$ 6 Billion approx.) to build a 1 GW data center in the western Indian state. The MoU was signed in the presence of Adani Group Chairman Gautam Adani and Maharashtra Chief Minister Eknath Shinde during the ongoing World Economic Forum (WEF) at Davos, Switzerland.
This announcement comes close at the heels of a similar MoU inked with the southern Indian state of Telangana. In a press release, the company shed light on the Telangana project saying, “Adani Enterprises Limited (AEL) will invest over Rs 5,000 (US$ 600 Million approx.) crore in a 100 MW data centre, which would be powered by renewable energy, over the coming 5-7 years. AEL will work closely with local MSMEs and startups to develop a globally competent supplier base for the project. It would provide employment, both direct and indirect, to 600 people.”
AdaniconneX, a joint venture between Adani Enterprises Ltd and EdgeConneX, is a hyperscale data center provider. It already has one operational data center in Chennai in Tamil Nadu. Other data centers are in various stages of development in Navi Mumbai, Hyderabad, and NOIDA near the national capital of New Delhi.
