Begin typing your search...

Yotta Infra to invest Rs 4,000 cr in city data centre park

Yotta Infrastructure, a Hiranandani Group subsidiary on Monday signed an MoU with Tamil Nadu to set up a Data Centre Park in Chennai, which will see an investment of Rs 4,000 crore.

Yotta Infra to invest Rs 4,000 cr in city data centre park
X
Niranjan Hiranandani, Darshan Hiranandani (file pic)

Chennai

A release said, the Hiranandani Group and its group companies, along with Yotta, will invest Rs 3000-4000 cr in this proposed project over 8-10 years. This will also help to generate approximately 2000-2500 direct and indirect jobs in the State. TN will provide facilitation and support in the form of necessary infrastructural support, regulatory approvals, permissions and/or registration facilitation subject to applicable laws.

The proposed park will be on a 13-acre campus at Hiranandani Parks on the Singaperumal - Oragadam highway. It will host a total of 4 Data Centre buildings with a capacity of 20000 racks, backup generator sets and featuring a total power load of approximately 150-240 MW. Like its Navi Mumbai facility, this data centre park will also be carrier-neutral with the presence of major telcos and own fibre network.

Darshan Hiranandani, CEO, Hiranandani Group, said, “We’ve chosen Chennai to set up our Data Centre Park since it’s a global hub for major technology companies as well as has the strategic advantage of being a major international fiber landing station. Chennai is of immense geographic significance since it will help us have a physical presence in South India. This move is in line with our vision of partnering in nation-building efforts by creating the technological infrastructure that will power Digital India.” 

“Data Centres are crucial to cater to the increasing demand for cloud services and digital content consumption across the country. We will be extending our full support towards this project and once completed, this will provide important cloud-based services to companies not only in the state but across India, serving as an important pillar in our overall digital infrastructure,” said Neeraj Mittal, MD & CEO, Guidance, Industries Department, TN.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

migrator
Next Story