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Adani Group to invest $4 billion for expanding data centre biz as AI powers demand: Report
The Adani group, which currently has only 2.5% of India's data centre market share now gets 50-100 MW orders, when it used to
Hindustan Times
15 hours ago
Data center emerging as next big biz, Adani fast-tracks $4 billion investment
The objective is to capitalize on a surge in demand for data centre services from technology giants, and also give its power business...power demand for ...
Livemint
1 day ago
Noida and Hyderabad
- The Adani Group is constructing data centres in Noida and Hyderabad, with the first phase expected to be completed by the end of the financial year 2024-25, with AdaniConneX sealing the largest data centre financing deal in India the year before, according to the report.
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Why is Adani Group leading India's data centre market?
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1 day ago · As data center demand from tech giants surges in India, Adani has drawn a $4 bn investment plan. Adani's rivals-Nxtra by Airtel, Brookfield-RIL JV, and Yotta by Hiranandani too embark on ...
22 hours ago · 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.
1 day ago · Currently, Adani Group holds a modest 2.5% share of India's data centre market, but this figure is poised for growth as the market itself is projected to expand from its present capacity of 700 MW ...
May 4, 2023 · Adani to build India’s first Integrated data center & technology business park in Andhra Pradesh. The park will host a 300 MW of data center capacity, powered with up to 100% renewable energy. Editor’s Synopsis. The integrated data center and technology business park will also house a skill development center.
Apr 30, 2024 · An equal joint venture begins in India, between Adani Enterprises and private data centre operator EdgeConneX, after securing financing from lenders of up to US$1.44bn, to build data centres. AdaniConneX, the joint venture, last year raised US$213m to fund data centres under construction.
Feb 23, 2021 · The JV will focus on building a network of hyperscale data centers in India, starting with Chennai, Navi Mumbai, Noida, Vizag and Hyderabad markets. Development and construction at these sites have already begun.
