Page 6 - Data Centre

Chhattisgarh CM lays foundation of India's first AI-based data park

The 5.5-hectare data park in Nava Raipur will support AI services including healthtech and fintech, with the first phase offering 5 MW capacity and future expansion planned

CtrlS Datacenters to invest Rs 500 cr in setting up data centre in Bhopal

The company announced this milestone in a groundbreaking ceremony of its greenfield data centre. The ceremonial event took place during the Tech Growth Conclave 2025 on April 27 in Indore

IT ministry in talks with Power min to address data centre energy needs

Ministry of Electronics and IT is in discussion with the power ministry to address issues related to energy requirement of data centres, a senior government official said on Saturday. Speaking at Global Technology Summit, IT Secretary S Krishnan said that even before the development around artificial intelligence, there has been a lot of pressure to add data centres for cloud computing etc and at the same time there was was a lot of resistance to setting up more because they guzzle a lot of power and they don't provide much employment. "I think if you have to take advantage of the technology, it (setting up of data centres) is something which needs to be done now. Which means we have to figure out ways of doing it. There are solutions, technological solutions which can be worked out. And my ministry is in consultation with the Ministry of Power and other ministries to try and address this issue," Krishnan said. He said that India has an advantage in terms of having a lot of green ..

Rajasthan data centre policy to attract Rs 20k cr investment in 5 years: CM

Rajasthan Chief Minister Bhajanlal Sharma on Saturday said that Rajasthan Data Centre Policy 2025 will bring an investment of about Rs 20,000 crore to the state in the next five years. He said that the policy aims to encourage the establishment of data centres in the private sector in Rajasthan. This policy was announced in the state budget 2024-25, he added. In a statement, he said that the goal of Rajasthan Data Centre Policy-2025 is to make Rajasthan a major hub of the data centre sector by developing a world-class data centre ecosystem in the state. This policy will help in setting guidelines to ensure high standards of data management, performance and security in the state. Under this policy, many provisions have been made to encourage the data center sector, which include annual asset creation incentive of Rs 10-20 crore for 10 years, 25 per cent additional sunrise incentive to the first 3 data centers investing more than Rs 100 crore, 5 per cent interest subsidy for 5 years,

India's data centre industry now worth $10 bn, shows explosive growth

Indian data centre industry has attracted more than $6.5 billion in investments over the past decade from private equity, joint ventures, and acquisitions: Anarock Capital report

India's data centre market drew over $6.5 bn investment in 10 yrs: Report

Experts believe that artificial intelligence (AI) and the rise of sustainable and edge DCs will drive the next wave of demand in the sector

PFCCL incorporates two special purpose vehicles for transmission systems

Two special purpose vehicles (SPVs) have been incorporated under PFC Consulting Limited (PFCCL) for the development of transmission systems, a BSE filing said on Friday. NES Dharashiv Transmission has been incorporated for the transmission scheme for the development of a network expansion scheme in Maharashtra for evacuation of RE Power from Dharashiv, Beed district, Power Finance Corporation (PFC) said in the filing. NES NAVI Mumbai Transmission is for the transmission scheme of network expansion scheme in Maharashtra for providing supply to Data Centre Loads in Navi Mumbai. PFC Consulting Limited (PFCCL) is a wholly-owned subsidiary of PFC. Maharashtra State Electricity Transmission Company Limited (MSETCL) has placed a Letter of Intent (LoI) dated January 17, 2025, appointing PFCCL as bid process coordinator (BPC) for the purpose of selection of transmission service providers (TSP) to establish the two transmission systems through a tariff-based competitive bidding process. Th

L&T targets 150 MW data centre capacity by 2027, to utilise land banks

At present, L&T has two operational data centres-Mumbai and Chennai-with a combined capacity of 32 MW

India's data centre capacity to grow to 2,000-2,100 MW by March 2027: ICRA

India's data centre (DC) operational capacity is expected to increase to 2,000-2,100 MW by March 2027 from around 1,150 MW as of December 2024, on the back of data usage and data localisation initiatives, according to rating agency Icra. Indian data centre players are projected to invest Rs 2-2.3 lakh crore, with a development pipeline of 3-3.5 GW to be delivered over the next 7-10 years. "Driven by AI requirements, the global DC market has already witnessed multiple large deals (>300 MW) signed by hyperscalers and India is expected to follow the trend. This, coupled with favourable regulatory policies and an infrastructure status for the DC sector will support strong growth prospects in India in the coming decade," Anupama Reddy, Vice President and Co-Group Head, Corporate Ratings, Icra said. While cloud, 5G rollout, machine learning and internet of things (IoT) are expected to generate enormous data and storage requirements, GenAI-led high computing requirements present a new .

Uttar Pradesh eyes Rs 70K cr investment in electronics, data centres

The investments will catalyse the 'Make in UP' and 'Brand UP' vision, a senior state government official said

Meta in talks to build $200 billion data centre for AI projects: Report

Meta's decision to invest heavily in data centres is a part of the larger trend where tech giants are announcing huge investments one by one in data centres, particularly to meet the future AI demand

CtrlS Datacenters mulls IPO, eyes over Rs 9,000 crore investment in Chennai

Company scouts for fresh land in Chennai for bigger centre; mulls IPO

Microsoft unveils its first quantum chip: The science behind Majorana 1

Microsoft introduces Majorana 1, its first quantum computing chip, claiming it could accelerate the future of quantum tech. Here's a look at the science behind this breakthrough

Microsoft unveils first quantum computing chip for future data centres

The company says its Majorana 1 chip harnesses 8 qubits, the building blocks of quantum computing, on a sticky-note-sized piece of hardware it figures could eventually host 1 million of them

Data centre boom, GCCs to boost Black Box topline in FY26, says CEO

According to Gartner, global IT spending is projected to reach $5.7 trn in 2025. Of this, IT infrastructure spending is expected to be $600 bn to $750 bn

ChatGPT maker OpenAI's plan to set up India data centre in the works

The data centre is likely to house the data of Indian users as well as some smaller neighbouring countries, a person familiar with the development said

NaBFID extends Rs 2,000 crore loan to Blackstone-backed data centre

A senior executive with a public sector lender said NaBFID, a government-owned infrastructure financier, has extended a loan (construction finance)

Microsoft cloud computing biz to grow slowly amid shortage of data centres

The Azure cloud division will grow at as much 32 per cent in its fiscal third quarter, not much faster than it did during the last three months of 2024

Infor sees 100% growth in India in 2024; to increase headcount by 15-20%

Kevin Samuelson, global CEO, Infor, said that they are also setting up their own data centre in India to resolve data residency issues for some customers

Nvidia, energy stocks: DeepSeek AI triggers market sell-off; time to worry?

The emergence of an almost-as-good AI utility created at much lower cost that also uses much less energy has set the proverbial cat amongst the pigeons.