AdaniConneX Data Center News

AdaniConneX gets $213 mn capital for data center assets

AdaniConneX, an equal partnership between data center provider EdgeConneX with ports-to-power conglomerate Adani Enterprises Ltd, announced on Friday that it had secured a $213 million senior debt facility with input from international banks to fund its 67 MW of under-construction data center...

June 26, 2023

Abdul-Rahman Oladimeji

AdaniConneX

Princeton Digital Group (PDG) signs PCA with Tata Power Renewable Energy Limited (TPREL)

Princeton Digital Group (PDG) has signed a 25-year power consumption agreement (PCA) with Tata Power Renewable Energy Limited (TPREL) to procure solar energy in India. The deal will see the data center firm receive power generated by a solar project located in Nanded district, Maharashtra. Thi...

June 09, 2023

Mumbai

Lumina CloudInfra plans Navi Mumbai hyperscale data center

Lumina CloudInfra has announced it has broken ground on its new data center in Navi Mumbai. To be built on 6.3 acres, the company's Airoli site will offer a capacity of over 60 MW across two phases; the first of which is expected to be complete by 2025.Lumina CloudInfra is owned and managed by...

May 25, 2023

India / Bhārata

Knight Frank: Mumbai becomes third biggest data center market in Asia-Pacific region

A report by Knight Frank has revealed that Mumbai is now the third-largest data center market in the Asia-Pacific region. Mumbai follows Shanghai, Tokyo, which secured first and second place, with 2,692MW, and 2,575 MW, respectively. In third place, Mumbai now offers a total capacity of 2,337 ...

May 24, 2023

Mumbai

Aurum Initiates a $250m Global Private Equity Data Facility Fund

Aurum Equity Partners, an Indian investment firm, plans to establish a new fund to invest in data center facilities and other infrastructure. The newly-formed digital infrastructure real estate investor announced last week the launch of its $250 million global private equity fund, which will c...

May 22, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Homeshree Buys $24m Worth Webyne Data Facility Stake

Homeshree, an Indian non-banking financial company (NBFC), has purchased a $24.36m stake in Webyne Data Center. India-based Webyne is a cloud hosting and infrastructure provider. The investment is meant to enable Webyne to grow its product and tech portfolio, increase its expenditure on infras...

May 11, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Adani announces India's First Integrated Data Center and IT Park

To bolster the existing technology ecosystem in the area, the Adani Group is constructing an integrated data center and technology business park in the city of Vizag, which is located in the state of Andhra Pradesh in India. On May 3, a groundbreaking ceremony was performed at the park site in...

May 10, 2023

Abdul-Rahman Oladimeji

India / Bhārata

AdaniConneX to Develop a New 200MW Data Center Facility in Andhra Pradesh, India

Adani Group is building a 200MW data center complex in Andhra Pradesh, India. The company's "Integrated Data Center and Technology Business Park" at Madhurawada, Vizag (Visakhapatnam), is the first of three technology zones intended for the city. The Chief Minister of Andhra Pradesh, Yeduguri ...

May 08, 2023

Abdul-Rahman Oladimeji

AdaniConneX

Adani Group announces two data centers in Andhra Pradesh

Adani Group has announced that it is developing two data centers in Andhra Pradesh, located in Madhurawada and Kapuluppada.The projects will see an investment of INR 21,844 crore, with the first, in Madhurawada. Vizag Tech Park Private Limited, a subsidiary of Adani Enterprises, will be respon...

May 03, 2023

India / Bhārata

RMZ Corp, a Real Estate Developer, Wants to Enter The Data Center Industry

RMZ Corp has diversified into three new asset classes, which include data centers. The company anticipates developing 350 million square feet of commercial space in India and abroad by 2032 for industrial and warehouse logistics, accommodations, and data centers. The company announced its inte...

April 25, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Indian Data Centre Industry Poised for Strong Growth Per JLL Report

India's data center industry is expected to drive demand for real estate spanning over 9.1 million square feet by 2025, according to a report by JLL India. The report revealed that the data center industry in India has already seen investments of $977 million, with a current supply of 7.5 mill...

April 17, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Cloud Computing Adoption Drives Growth of India's Data Center Market

India's data center construction market is expected to grow at a CAGR of 14.76% from 2022-2028, according to a report by Arizton. Adopting advanced technological solutions such as IoT, big data, and AI drives demand cloud services across various industries. Major cloud service providers in Ind...

April 13, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Green building regulations and data center sustainability in India

In India, an increased focus on green buildings, from a regulatory perspective, is pegged to give rise to more sustainable data centers being built in the country. Experts have outlined that the publishing of recommendations on by the Telecom Regulatory Authority of India (TRAI), in November o...

April 07, 2023

India / Bhārata

Fire at The Building Site of The AdaniConneX Data Center

A relatively modest fire broke out at an AdaniConneX data center that was still under construction in Noida, India. The fire was quickly put out after the incident, which occurred on Tuesday at 11:20 p.m. local time and was caused by welding work being performed at the site. Nobody was hurt in...

March 30, 2023

Abdul-Rahman Oladimeji

AdaniConneX Noida

Launch of The Indian Edge Platform by MetaEdge

A brand-new Edge data center platform has launched in India. This month, MetaEdge debuted to serve Edge clients in tier-two cities nationwide. It was initially only available in three of India's largest metropolises. The firm has debuted in Indore, Mumbai, and Delhi by offering colocation, bar...

March 20, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Adani to develop 15 GW of renewable energy projects and 400 MW of data center projects

Adani Group has announced plans to develop 15 GW of renewable power projects over the next few years in Andhra Pradesh, in Anantapur, Kadapa, Kurnool, Visakhapatnam, and Vizianagaram. This announcement came at a recent investors summit, ‘Global Investors Summit 2023’ held in the state. Accordi...

March 14, 2023

India / Bhārata

Indian Fintech and Allied Services will Develop a $20.46m Data Facility Complex in Bhubaneswar

Ahluwalia Contracts has been given a $20.46 million contract by Indian Financial Technology and Allied Services (IFTAS) to construct a data center complex in Bhubaneswar, Odisha, India. The Reserve Bank of India's fully-owned subsidiary IFTAS offers essential infrastructure services to the RBI...

March 03, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Varanium Launches Kudal, Maharashtra Containerized Edge Data enter

Varanium Cloud, an Indian digital technology startup, has opened a new Edge data center in Maharashtra. This week, the company's Hydra Web Services unit opened a containerized data facility in the municipality of Kudal in the Sindhudurg region. Although no details were provided, photos impl...

February 22, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Kotak Invests $590m In India Data Center Venture

The initial closing of the data center fund by Kotak Alternate Assets has been revealed to be $590 million. The fund is based in the Gujurat International Finance Tec-City (GIFT City), and this amount represents about 74% of the company's initial $800 million aim. The investment division of In...

February 18, 2023

Abdul-Rahman Oladimeji

India / Bhārata

Cyfuture expands in Chennai, India

Cyfuture is constructing a new data center in Chennai, India, its fifth facility in the country. To be located on a one-acre plot in Tembaran, Chennai, it is pegged to offer 500 racks in its first phase. While the company already data centers in Noida, Jaipur, and Raipur, it has also announced...

February 15, 2023

India / Bhārata

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