CapitaLand India Trust to develop data centre in Hyderabad
The project is estimated to need around $210m in investment.
CapitaLand India Trust (CLINT) has entered a memorandum of understanding (MoU) with the government of the Indian state Telangana for the development of a data centre at the CLINT’s International Tech Park Hyderabad (ITPH) in Madhapur.
In a statement, CLINT said the ITPH data centre will have a built-up area of around 250,000 square feet and 36 megawatts of power capacity.
The project will need an investment estimated at around $210m which will be deployed in the next three to five years.
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CLINT CEO Sanjeev Dasgupta said this is the company’s second data centre development project in India, following its acquisition of a greenfield data centre development site in Navi Mumbai in 2021.
The ITPH data centre will utilise the latest cooling and security technologies and will dedicate as an insulated substation within the site. Its technologically-advanced specification will enable it to serve hyper-scale players and large enterprises in the region, it said.