Engineering conglomerate Larsen & Toubro (L&T) looks to utilise its existing land banks to drive a multifold expansion of its data centre business, aiming to reach 150 megawatts (Mw) of capacity by 2027, a senior executive stated on Thursday.
The company is also open to forming joint ventures (JVs) with foreign partners at a special purpose vehicle (SPV) level, said Seema Ambastha, chief executive officer for L&T Cloudfiniti (data centre business), on a media call.
At present, L&T has operational data centres in Mumbai and Chennai, with a combined capacity of 32 Mw. New facilities are under development in Bengaluru,

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