Adani Group chairman Gautam Adani and Chief Minister YS Jagan Mohan Reddy are likely to lay the foundation stone for the Adani Data Centre in Visakhapatnam on the eve of the Global Investors’ Summit.
With an estimated investment of over Rs 14,000 crore, Adani Group is likely to complete the 200 MW data centre project in seven years, in phases. The centre is expected to generate over 24,000 jobs, once it becomes fully functional.
The State government issued orders in 2021 for allocating 130 acres to set up the centre, and also agreed to give a 20-year tariff concession. The Global Investors’ Summit will be a shot in the arm for Visakhapatnam, which has been aiming to become a Tier 1 city. The Adani-led data centre is said to be a game-changer for the agile IT growth in the city.
Visakhapatnam is among the major cities that AdaniConneX, the joint venture between Adani Enterprises and a leading data centre operator, EdgeConneX, has picked to build a hyperscale data centre that is powered by renewable energy. Undersea cables, critical for the data centre, are likely to be laid from Singapore.
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