Digital Connexion plans $11-bn capex
JV of Brookfield, RIL, US-based Digital Realty will set up 1-GW data centres in Vizag
image for illustrative purpose
New Delhi: Digital Connexion, a joint venture between Brookfield, Reliance Industries and US-based Digital Realty, on Wednesday said it will invest $11 billion, about Rs98,000 crore, by 2030 to build 1 Gigawatts data centres in Andhra Pradesh.
The AI-native, purpose-built data centres will be spread over 400 acres in Visakhapatnam, the digital infrastructure company said in a statement. “Digital Connexion...announced an investment of approximately $11 billion over a period of five years till 2030 for building 1 Gigawatts state-of-the-art AI-native, purpose-built data centres in Visakhapatnam, Andhra Pradesh across 400 acres of land,” the company statement said. This is the second major investment in the country, which follows Google’s announcement made last month to invest $15 billion in Andhra Pradesh for building an artificial intelligence hub comprising data centres as well in Visakhapatnam. Digital Connexion has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board for making the investment, the statement said.
