Bharti Airtel to invest Rs. 2,000 Crore to build hyperscale data centre in Hyderabad
- ByStartupStory | January 19, 2023
Bharti Airtel Group and the government of Telangana announced a Rs 2,000 crore investment to build a large hyperscale data centre in Hyderabad on Wednesday, according to IT and Industries Minister KT Rama Rao.
The group will invest Rs 2000 crore in infrastructure through its Data Center arm, Nxtra Data Centers, which will attract additional investments from their customers. For the first phase, the facility will be a hyperscale data centre with a capacity of 60 megawatts (MW) of IT load. It will use cutting-edge cooling and security technologies. According to a statement from the minister’s office, the project is expected to be completed within the next 5-7 years.
Founder and Chairman of Bharti Airtel Group, Sunil Bharti Mittal, said the company was happy to be working with the Telangana government.
“This is one of our biggest Greenfield data center projects in India and we are happy to be working with Telangana. Since the initiation of our discussions on the data center project in the May 2022 edition of the WEF annual meeting, the government has worked at a very quick pace to ensure that the project can get into construction in a matter of months. We will work closely with Telangana to increase our footprint in the state in other portfolios of our business as well.”
The announcement was made at the Telangana Lounge at Davos after Rama Rao, along with principal secretary Jayesh Ranjan, met Sunil Bharti Mittal and Rajan Bharti Mittal of the Bharti Airtel Group. The government delegation is in Davos to take part in the ongoing World Economic Forum.
“I am very happy to see Airtel-Nxtra data centers investment in Telangana. Hyderabad is now the hub for hyperscale data centers in India and Airtel’s investment adds to the pace we look to keep up. I hope to continue this relationship and hope the state can work together with Airtel-Nxtra to work on creating digital infrastructure to keep up with the ever-growing industry in the state,” Rao said.
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