RIL, int'l partners launch data centre in Chennai, their first in India
.webp)
Digital Connexion, a joint venture between Mukesh Ambani’s Reliance Industries, Canada's Brookfield and US-based Digital Realty, on Friday launched its first data centre in India, at Ambattur in Chennai.
The centre started with a processing capacity of 20 megawatt (Mw) and will expand it to 100 Mw, making it one of the largest such facilities in the country. Digital Connexion is planning to start a 40 Mw data centre in Mumbai, a top company executive told Business Standard.
This comes five days after Ambani hinted at his company’s entry into the fast growing data centre market, through partnership, by opening a new unit in Chennai.
The first phase of the data center, MAA10, will offer 20 Mw of information technology (IT) load and features design that enables customers to adapt their infrastructure in response to varied workload demands, accommodating anything from single cabinet needs to multi-megawatt requirements. “We have already started work on the second phase. We are looking to expand it to 100 Mw in future. Ambattur is ideal, given the availability of the necessary power supply, high number of submarine cable landing stations in the local area, and the state government's aspirations to make Chennai the top data center hub in India,” said C B Velayuthan, chief executive officer of Digital Connexion.
In July, Reliance partnered with Brookfield Infrastructure and Digital Realty to develop data centers in India. Each partner holds a 33.33 per cent stake in the joint venture. “We look forward to making it a destination of choice for our customers, partners, cloud and service providers looking to expand their reach in India, starting with MAA10, the state-of-the art first phase of this highly scalable campus,” said Velayuthan.
Digital Connexion has bought land in Mumbai for a 40 Mw data centre, which is expected to be on track by next year. “Chennai has a few advantages; one is it is the second largest point of sub-sea cables. In addition, accessibility through air, sea and land is another advantage for the city,” said Velayuthan.
As data centres need a huge amount of power, Digital Connexion believes Brookfield is an added advantage as a partner. “We are excited that one of our joint venture players, Brookfield, is one of the largest producers of renewable power in the country. We are excited to be able to use a lot of renewable power from them, making our data centres the most sustainable ones in the country,” Velayuthan said.
The growth of knowledge-based industries in Tamil Nadu is expected to drive a demand surge for quality data centre infrastructure, said Digital Connexion. MAA10 was built to address diverse customer requirements, helping them navigate new technologies.
Other Latest News
.webp)
Chief Minister Nayab Singh Saini will be meeting the senior BJP leadership in Delhi on Wednesday, a day after the ruling party pulled off a hat-trick of wins in Haryana to retain power.
Saini is likely to consult with his senior leadership on finalising his cabinet, sources said.
.webp)
Boeing said on Tuesday that it had withdrawn its pay offer to around 33,000 US factory workers and no further negotiations were planned with their union representatives as a financially damaging strike nears its fourth week.
Boeing and the union held their latest round of negotiations with federal mediators on Monday and Tuesday, but talks collapsed and the sides were left locked in acrimonious stalemate showing no signs of being resolved anytime soon, a person briefed on the talks said.
.webp)
Torrent Power shares gained 8 per cent in trade on Wednesday, October 9, and registered an intraday high of Rs 1,976.6 per share. The stock advanced after Torrent Power secured a letter of award from Maharashtra State Electricity Distribution (MSEDCL). It also inked a share subscription and shareholders' agreement (SSSA) with Lakshmi Mills and Torrent Urja 17 Private Limited (TU17).
At around 9:22 AM, Torrent Power share price was up 6.85 per cent at Rs 1,941.7 per share. In comparison, the BSE Sensex traded 145.48 per cent higher at 81,780.29 around the same time.
.webp)
Hyundai Motor India's IPO will open next week for subscriptions and will likely be priced in the range of Rs 1,865 to 1,960 ($22 to $23) per share, sources said on Tuesday, valuing the automaker at up to $19 billion in the country's biggest stock offering this year.
The India IPO will be Hyundai's first stock market listing outside South Korea. In India, it will also mark the first carmaker to go public in two decades since Maruti Suzuki in 2003, and comes just after Indian stock markets touched record highs and saw many companies making debuts.
.webp)
In the Jammu and Kashmir Assembly elections, the Bharatiya Janata Party (BJP) secured the highest share of votes, although the Congress-National Conference (NC) alliance ultimately won the polls. This was the first election in J&K following the abrogation of Article 370. The Congress-NC alliance is now set to form the government, having secured a majority of seats in the Assembly.
Notably, Independent candidates won more seats than Mehbooba Mufti’s People’s Democratic Party (PDP).
.webp)
.webp)
.webp)
.webp)
.webp)
