CapitaLand India Trust to set up its third data centre in India
By MYBRANDBOOK
CapitaLand India Trust Management Pte Ltd, the trustee-manager of CapitaLand India Trust (CLINT), is acquiring a 4.01-acre freehold site in Ambattur, Chennai for Rs 832.8 million to develop its third data centre in India.
CapitaLand India Trust will invest an estimated total amount of Rs 19.4 billion to acquire the site and develop a state-of-the-art data centre in phases over the next four to five years. The acquisition of the site is expected to be completed by December 2022.
The data centre will have a power capacity of 55 megawatts to host customers such as global technology giants and cloud service providers, as well as large domestic enterprise clients. The data centre is scheduled to be completed by end-2025. When fully developed, the data centre will have the capacity to host around 4,900 racks.
Sanjeev Dasgupta, Chief Executive Officer, CLINT said, “The acquisition site is in a prime data centre location in Ambattur, close to sea cable landing stations, reliable power supply and a well-developed infrastructure. When fully developed, the data centre will have the capacity to host about 4,900 racks and operate at an efficient power usage effectiveness of approximately 1.45.”
Patrick Boocock, CEO (private equity alternative assets), CLI, said, “In the last five years, $14 billion has been invested in India’s data centre sector, and the amount is expected to cross $20 billion by 2025. CapitaLand’s strong core competencies in data centre design, development and operations will enable us to seize opportunities in the country as we build our new economy portfolio globally.”
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
TVS ELECTRONICS LTD.
TATA CONSULTANCY SERVICES
TAC SECURITY SOLUTIONS
ACER INDIA PVT. LTD.
Icons Of India : Daisy Chittilapilly
Daisy Chittilapilly is the President of Cisco’s India and SAARC regi...
Icons Of India : Dr. Sanjay Bahl
Dr. Sanjay Bahl has around four decades of experience in the ICT indus...
ICONS OF INDIA : S KRISHNAN
S Krishnan as the secretary for the electronics and information techno...
ITI - ITI Limited
ITI Limited is a leading provider of telecommunications equipment, sol...
C-DAC - Centre for Development of Advanced Computing
C-DAC is uniquely positioned in the field of advanced computing...
EESL - Energy Efficiency Services Limited
EESL is uniquely positioned in India’s energy sector to address ener...
Indian Tech Talent Excelling The Tech World - Anirudh Devgan , President, Cadence Design
Anirudh Devgan, the Global President and CEO of Cadence Design Systems...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...
Indian Tech Talent Excelling The Tech World - REVATHI ADVAITHI, CEO- Flex
Revathi Advaithi, the CEO of Flex, is a dynamic leader driving growth ...