Adani Enterprises, a subsidiary of the Adani Group, will invest Rs 50,000 crore to set up 1 GW hyperscale data centres in Maharashtra over the next 10 years, the company said on Wednesday.
The company signed a memorandum of understanding (MoU) with the state government in the presence of Chief Minister Eknath Shinde and Adani Group chairman Gautam Adani at the World Economic Forum in Davos.
The data centres will come up in Mumbai or Navi Mumbai and Pune and will be powered by renewable energy. The company said this will enhance green energy infrastructure and provide employment to 20,000 people in Maharashtra.
Adani Group also intends to make distribution investments to power the 1 GW hyperscale data center infrastructure, the company said.
Mumbai has rapidly transformed to a global leader in clean energy adoption and its renewable energy share now surpasses that of major global cities, it said.
“Mega projects like this have facilitated Mumbai’s renewable energy journey and aligns well with its broader sustainability goals contributing to India’s broader renewable energy targets,” it added.
Amid an uproar over the death of a 26-year-old employee at tax consultancy major Ernst&Young…
Canara Bank Recruitment 2024: Canara Bank is set to start the registration process for Graduate…
Some 53 people have been killed and 51 others are missing in Mexico's western Sinaloa…
She speaks seven languages, has a PhD in particle physics, an apartment in Budapest plastered…
The Indian Embassy in the United States informed that a member of the mission died…
With more than a month to go before the November 5 presidential election, some Americans…