The Adani Group is reportedly advancing its $4 billion plan to expand its data centre business. This move is aimed at strengthening the group’s power sector by tapping into the substantial power requirements associated with data centre services. With demand for data centre services skyrocketing, the Adani Group now aims to achieve a data centre capacity of 1 to 1.5 gigawatts (GW) within the next one to two years.
Adani ConneX Pvt. Ltd. Is a joint venture between Adani Enterprises Ltd. and Virginia-based EdgeConneX, that currently operates 17 megawatts (MW) of data centre capacity while managing 210 MW in various stages of construction.
To meet this goal, the group plans to invest an additional $4 billion, with current investment estimates at approximately Rs 40 crore per MW. The rapid growth in data centre demand is so significant that the Adani Group may consider slowing down investments in other sectors to redirect funds into the data centre business as part of a strategic shift.
The average order size for data centre services has dramatically increased from 5-10 MW two years ago to 50-100 MW now. Currently, Adani Group holds just a 2.5 percent share of India’s data centre market, which is expected to expand from its current capacity of 700 MW to 4 GW by FY30.
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