Hyderabad-based energy producer ZR Power Holdings has signed a Memorandum of Understanding (MoU) Maharashtra government to invest Rs 1,200 crore in the State.
As per the MoU, a total of two ZR Data Centres have been proposed in Navi Mumbai and Pune totalling a development potential of ₹1,200 crore, and generating direct employment for 300 employees. The proposed cost for the ZR Data Centre at Navi Mumbai is ₹800 crore, and ₹400 crore for the ZR Data Centre at Pune.
Zain Ravdjee, Founder of ZR Power Holdings, “We are honoured to sign this Memorandum of Understanding with the government of Maharashtra.”
ZR Power Holdings is a sustainable energy producer headquartered in Telangana. The firm also constructs Data Centres.