Adani Enterprises Limited, the flagship company of the Adani Group, one of the world’s largest infrastructure conglomerates, and the Government of Maharashtra have signed an MoU to set up 1 GW hyperscale data infrastructure in state at an investment of Rs 50,000 crore.
It would be in the span of over the next 10 years. The data center infrastructure will be set up in key locations such as Mumbai or Navi Mumbai and Pune will enhance the green energy infrastructure in Maharashtra, and provide direct and indirect employment to 20,000 people.
The Adani Group also intends to make deemed distribution investments to power the proposed 1 GW hyperscale data center infrastructure.
The Maharashtra government is interested in promoting information technology-related infrastructure and services and considers the proposed hyperscale project to be economically and socially beneficial to the state.
On the other end, The Adani portfolio of companies, one of the world’s largest infrastructure conglomerates, and the Government of Telangana signed four memorandums of understanding (MoU) for investment of over Rs 12,400 crore, at the World Economic Forum 2024.
These MoUs will help build the foundations for the economic growth of Telangana that is green, sustainable, inclusive, and transformative.
Adani Enterprises Limited (AEL) will invest over Rs 5,000 crore in a 100 MW data centre in over the coming 5-7 years. AEL will work closely with local MSMEs and startups to develop a globally competent supplier base for the project. It would provide employment, both direct and indirect, to 600 people.
Ambuja Cements will invest Rs 1,400 crore to set up a 6 MTPA cement plant in the next five years. The unit would be set up across 70 acres and would significantly enhance Ambuja’s capability. It will employ over 4,000 people, both directly and indirectly.
Adani Defence Systems and Technologies Limited will invest over Rs 1,000 crore in 10 years to set up a comprehensive ecosystem for the research, development, design, manufacturing, and integration of counter-drone and missile systems at the Adani Aerospace Park. It would provide employment to over 1,000 people.