Adani Enterprises Ltd has partnered EdgeConneX, a leading data center operator to develop 1 gigawatts (GW) of data centre capacity over the next decade.
A data centre provides the necessary secured architecture wherein computing and networking equipment is concentrated for collecting, storing, processing, distributing or allowing access to large amounts of data.
The equal joint venture (JV) named AdaniConneX will focus on building a network of hyperscale data centres in India, starting with Chennai, Navi Mumbai, Noida, Visakhapatnam and Hyderabad.
Adani Group’s diversification to data centres, powered by renewable energy, comes in the backdrop of India’s digital economy expected to touch $1 trillion by 2025.
Other large corporates are also seeking to tap this opportunity like Reliance Jio Infocomm Ltd’s plans to invest around $950 million for building a large data centre in Uttar Pradesh.
Reliance Jio plans to set up a renewable energy park to power the data centre.
These plans also come in the backdrop of the Reserve Bank of India’s norms on data localization necessitating the need for setting up large data centres to store and protect information.
Data localization refers to storing data on any device physically present within the borders of a country where the data is generated.
India has around 375MW of installed power capacity for data centres, which is expected to grow threefold by 2025. Also, there is a $4.9 billion investment opportunity by 2025 for setting by data centre infrastructure, according to the government.
Given that India is running the world’s largest clean energy program, the government wants to leverage cost effective solar and wind power to supply electricity to these data centres by encouraging electricity storage applications.
This is a PRNewswire Feed; edited by Clean-Future Team