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Adani Group forms new subsidiary for its upcoming Mumbai data centre unit

Adani Group forms new subsidiary for its upcoming Mumbai data centre unit
7 Feb, 2022
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Adani Group has formed a new subsidiary under which it will setup a data centre in Mumbai. The new subsidiary has been named as the Mumbai Data Center Limited and is a joint venture between Adani and European hyperscaler data centre provider EdgeConnex, according to a BSE filing. Mumbai is among 12 cities that the group had identified to setup the data centres.   

As per the filing, the business will “develop, operate, maintain, deal with data centres, information technology-enabled services/cloud,” and will undertake activities associated with its infrastructure development, including the likes of land acquisition and development of infrastructure required for the datacentres.  The company said that MDCL will commence its business operations in “due course”.   

In July last year, Adani acquired 369,000 sq ft of land in Noida, Uttar Pradesh, for which it reportedly shelled out Rs 103.41 crore. The group will invest another 2,400 crore in developing a data centre on the site.   

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“This is one of the several locations across India that we see having significant potential for establishing data centres as we build out 400 to 500MW of data centre capacity over the next five years,” Adani group said in a July release. 

In April last year, Adani was granted land in Noida measuring 421,300 sq ft plot of land for the Noida datacentre. In the same month, Adani also announced that it will build a new data centre and business park in Vishakhapatnam, which it named as Vizag Tech Park Ltd.   

Adani had partnered with EdgeConneX back in February last year, and plans to construct about 1GW of data centre capacity over the next decade under the AdaniConneX banner. Other cities that are earmarked for investment in the near future include Chennai and Hyderabad. 

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