Adani Group, an Indian multinational conglomerate headquartered in Gujarat, India, has reportedly inked an MOU with AP government, to set up a renewable powered 5 Gigawatt Data Centre in Visakhapatnam.
Reportedly, the Adani Group will invest ₹30,000 crore on renewable power infrastructure and ₹40,000 crore on Data Centre Park. In the next 18 months, the project’s first phase is expected to be completed. The company plans to construct Data Centre at three places spanning the 500-acre land.
A report by The Times of India claims Gautam Adani, Chairman & Founder of the Adani Group, to have stated that the company’s vision is to build a network of hyperscale data center parks with the capacity of over 1 Gigawatt each on the west and east coasts of India.
Adani further stated that the firm will also build renewable plants that will power these data center parks. Through these investments, the company plans to come up with an integrated solution that has the potential to deliver world class offerings with focus on efficiency, reliability, sustainability, and economics. Stressing on the exponential fall in the price of internet connectivity, he cites that the price drop is resulting in a digital revolution and an upsurge in the demand for digital connectivity.
Chandrababu Naidu, Chief Minister of Andhra Pradesh, was reportedly quoted stating that the data center project would be a complete game changer, not only for AP, but also for the entire country. It is the first instance in India that renewable energy is being used in a Data Center, he claims, adding that the proposed investment would eventually generate 5,000 Megawatt of renewable power for every 1 Gigawatt of Data Centre capacity and help AP achieve its goal of renewable energy power of 18,000 Megawatt.
Naidu also went on record to state that the proposed data center would generate approximately 1 lakh jobs.