Adani Group signs MoU with Govt. of Andhra Pradesh to build Data Center Parks up to 5 GW in and around Visakhapatnam

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Capital Market
Last Updated : Jan 10 2019 | 10:16 AM IST
Adani Enterprises announced that of Government of Andhra Pradesh (GoAP) has signed a MoU with Adani Group to build Data Center Parks up to 5 GW capacities in and around Visakhapatnam over the next 20 years. This ambitious project would be a first-of-its-kind 100% renewable energy powered project in the world.

The GoAP along with the integrated infrastructure conglomerate Adani Group will develop the hyper-scale data center market in the state, positioning AP as the east coast data center hub for India and South East Asia. It will also be integrated with a cable landing station that will take advantage of the state's long coastline to help provide the needed global connectivity and redundancy that the country needs to manage its exponential growth of data.

In line with the State Government's visionary, IT policy and focus on promoting data centers, cloud infrastructure, and allied technology industries as well as renewable energy, the Adani Group will support the development of the digital and energy infrastructure in the state by investing over Rs.70, 000 crore, over a period of 20 years which in turn is expected to create in excess of 100,000 direct and indirect jobs across the state.

The parks shall be developed across three different campuses, with each campus offering complementing value and together providing required redundancy and reliability to Data Center operators. The Data Center parks will be powered with 100% Renewable Energy that will be generated within the State of Andhra Pradesh thereby accelerating the renewable target goals put forward by the state.

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First Published: Jan 10 2019 | 9:59 AM IST

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