Adani Group signs accord with Andhra Pradesh govt

Adani Group will support the development of the digital and energy infrastructure in the state by investing over Rs70 000cr, over a period of 20 years which in turn is expected to create in excess of 100,000 direct and indirect jobs across the state.

Jan 10, 2019 02:01 IST India Infoline News Service

The Government of Andhra Pradesh (GoAP) signed an MoU with the Adani Group to build Data Center Parks up to 5 GW capacities in and around Visakhapatnam over the next 20 years. This project would be a first-of-its-kind 100% renewable energy powered project in the world.

In line with the State Government’s visionary, IT policy and focus on promoting data centers, cloud infrastructure, and allied technology industries as well as renewable energy, the Adani Group will support the development of the digital and energy infrastructure in the state by investing over Rs70,000cr, over a period of 20 years, which in turn is expected to create in excess of 100,000 direct and indirect jobs across the state.

The parks shall be developed across three different campuses, with each campus offering complementing value and together providing required redundancy and reliability to Data Center operators. The Data Center parks will be powered with 100% Renewable Energy that will be generated within Andhra Pradesh thereby accelerating the renewable target goals put forward by the state.

Gautam Adani, Chairman Adani Group said, “It is a very proud moment for us to collaborate with GoAP to develop the world’s first green data center parks. Data centers are fundamental building blocks for enabling every aspect of the critical technology infrastructure that India needs to further accelerate its growth. In addition, the Adani group’s ability to provide 100% renewable power and its experience in energy management is a critical aspect towards lowering the carbon footprint for an industry that is now the world’s largest and growing power consuming industry”.

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