Bharti Airtel Group to invest Rs 2,000cr in Telangana for data centre : KTR signs deal at WEF
The Government of Telangana along with the Bharti Airtel Group announced the investment of a large ‘Hyperscale Data Center’ in Hyderabad
HYDERABAD: The Government of Telangana along with the Bharti Airtel Group on Wednesday announced the investment of a large ‘Hyperscale Data Center’ in Hyderabad. The announcement happened at the Telangana Lounge at Davos in the presence of IT Minister K.T. Rama Rao, and the Principal Secretary for ITE&C Jayesh Ranjan and Sunil Bharti Mittal and Rajan Bharti Mittal from the Bharti Airtel Group.
The Bharti Airtel Group, through its data center arm, Nxtra Data Centers, will invest an amount of Rs 2,000 crores as capital investment for the infrastructure which will further attract investments from their customers. The facility will be a hyperscale data center with a capacity of 60 megawatts (MW) of IT load for the first phase. It will incorporate the latest technologies in cooling and security. The project is estimated to be deployed in the next five to seven years.
Speaking on the occasion KTR said, “I am very happy to see Airtel-Nxtra Data Centers invest 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".
Sunil Bharti Mittal, founder and chairman, Bharti Airtel Group said, “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 the project can get into construction in the matter of a few months. We will work closely with Telangana to increase our footprint in the state in other portfolios of our business as well.”