CtrlS Datacenters Ltd, a key player in South Asia’s data center landscape, has signed a memorandum of understanding (MoU) with NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, to jointly establish grid connected Renewable Energy projects and assets with a capacity of up to 2 GW through greenfield development and acquisitions.
The MoU was signed between CtrlS Founder & CEO Sridhar Pinnapureddy and NGEL CEO Sarit Maheshwari. In a press release both parties revealed that they “intend to explore potential avenues of cooperation with the aim of effectively pooling their respective resources to achieve mutually beneficial outcomes.”
Commenting on the landmark MoU, Sridhar Pinnapureddy, Founder & CEO, CtrlS Datacenters, said, “Partnering with NGEL enables us to power our data centers with renewable energy, enhance efficiency, and advance our commitment to net-zero operations. Together, we’re demonstrating that innovation and sustainability can – and must – go hand in hand in driving the next era of digital infrastructure.”
Sarit Maheshwari, CEO, NGEL said, “NGEL is committed towards reducing our carbon footprint and contributing to a cleaner, more sustainable future for India, and the world at large. Ensuring access to reliable, green power is both a sustainability and strategic priority. As data centers expand rapidly in an AI-driven world, this MoU marks a key step in building resilient, low-carbon digital infrastructure.”
The projects and assets will be developed for the supply of renewable power to CtrlS for its captive consumption on mutual agreement, or any other business as may be mutually decided between the parties. The MoU shall be in force for two years with a provision to extend further.
CtrlS Datacenters Ltd, which began its operations in 2007, operates 16 data centers across nine key markets of India. The company is leading the charge on embracing renewable energy for a sustainable future. CtrlS has announced its plans to explore new overseas markets in the Middle East and Southeast Asia, with Thailand being the first international market foray.