ZR Power Holdings, an Indian energy company, is constructing two data centres in India and is increasing its previously indicated commitment in the projects.
According to reports, the Telangana-based firm aims to spend more than Rs 1,700 crore ($223.2 million) on a data centre in Mahape, Navi Mumbai.
The projected 50MW facility will be built on a 10-acre property that the business is currently purchasing. By the middle of 2024, the data centre should be up and running.
The Telangana-based firm inked a memorandum of understanding with the Maharashtra government in December 2021 to invest over Rs 1,200 crore on the construction of two data centres, one in Navi Mumbai (Rs 800 crore/$105 million) and the other in Pune (Rs 400 crore/$52.5 million).
