CapitaLand India DC team has signed an MoU with the Maharashtra Industrial Development Corporation (MIDC) at the DubaiExpo to set up datacentres in Navi Mumbai.
CapitaLand’s first data centre in Navi Mumbai is a state-of-the-art Greenfield project spread over 6.6-acres, to be developed in two phases.
Previously, CapitaLand had announced the completion of the stage 1 acquisition of its first data centre project in Navi Mumbai. “This major milestone now paves the way for the construction of our first state of the art and fully fitted data centre campus christened, “CapitaLand DC, Navi Mumbai 1”, the company said in a LinkedIn post.
CapitaLand DC, Navi Mumbai 1, acquired by Ascendas India Trust, will be developed in two phases spread over 6.6-acre with a total potential built-up area of up to 575,000 sq ft and 90 megawatts of power to host global technology giants and cloud service providers, as well as large domestic enterprise clients. To be developed in phases, the Phase 1 building will offer a built-up area of about 325,000 sq ft and is scheduled to be ready by third quarter of 2024.
“We are all set to begin construction of our first data centre campus at a prime location in Navi Mumbai,” said Prasad Tilve, Head Business Development & Strategy, CapitaLand Data Centre India.
Mumbai registered a sharp increase in data centre capacity in the Asia Pacific region, adding 56MW supply in the first quarter of 2021.
Taking the total supply at 753MW, according to the Data Centre Report 2021, by Knight Frank.
The report was published in partnership with the data centre research and analytics platform, DC Byte.
According to the report the pandemic influenced push for digital services resulted in an acceleration of new supply in 2020 with an additional 252MW or 50 percent added to its development pipeline. This marked up the total supply to 697MW in the year 2020. Between 2016 and 2019, Mumbai’s IT power capacity increased from 148MW to 456MW.
Mumbai is also expected to be the leading DC hub in the country, according to a report by JLL, Jones Lang LaSalle Incorporated.
The report titled ‘2020 India Data Center Market Update’, Mumbai with 199 MW IT load is the leading data centre hub of the country with nine internet cable landing and assured power supply makes it a preferred location.
The city is expected to add 330 MW during 2021-23 and Navi Mumbai is expected to account for 83 percent of capacity additions in Mumbai.
As the data centre landscape continues to evolve, the industry is expected to grow to reach 1,007 MW by 2023 from its existing capacity of 447 MW.
With the growing reliance on digital connectivity, demand is likely to increase further due to the rollout of 5G rollout, IoT-linked devices, data localisation and cloud adoption.