City
Epaper

Hyd-based CtrlS Datacenters announces Rs 16,600 cr investment plan

By IANS | Updated: October 12, 2023 12:40 IST

New Delhi, Oct 12 Asia's leading data centre provider CtrlS Datacenters Ltd on Thursday announced its new investment ...

Open in App

New Delhi, Oct 12 Asia's leading data centre provider CtrlS Datacenters Ltd on Thursday announced its new investment plan of $2 billion (about Rs 16,600 crore) over the next six years.

The Hyderabad-based company said it has identified three key areas of focus as it looks to scale its operations, reaffirm its commitment to the region, and further establish its leadership position.

The company said it is expected to hire over 1,000 people in the next six years.

At present, CtrlS Datacenters has 12 data centres with 234 MW capacity spread across seven cities, including Mumbai, Hyderabad, Chennai, Bengaluru, Noida, Lucknow, and Patna.

It will begin operation of three new data centres in 2023.

The new investment plan involves the addition of approximately 350 MW capacity across new and existing hyperscale and edge data centres in both India and select Southeast Asian markets.

“The present surge in AI and cloud technologies warrants that we stay relevant to changing market dynamics, while leading the charter of sustainability,” said Sridhar Pinnapureddy, Founder and Chairman of CtrlS Datacenters.

“We aspire to not only bolster our presence across key markets delivering the next generation of datacenter technology, but also to elevate the standard for the entire datacenter industry through pioneering services and sustainable practices,” he added.

CtrlS Datacenters will invest in several key technologies and strategies in areas such as advanced cooling, power management, and overall infrastructure design in its new hyperscale data centres.

The company is also aiming to become carbon neutral by 2030.

The company is investing in 153-Megawatt Peak (MWp) solar projects across three markets that will generate 2,50,000-Megawatt Hours (MWh) energy annually.

This includes a 145 MWp solar project in Maharashtra that will be fully owned and operated by the company.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalSouth Korean President wishes everyone warm Christmas, pledges to improve their lives

EntertainmentHrithik Roshan, sons dance on Sukhbir’s ‘Oh Ho Ho Ho’, ‘dadi’ Pinkie calls it ‘precious moment‘

NationalChennai Police deploy 8,000 personnel, step up surveillance for Christmas celebrations

MumbaiMumbai: Fake Delhi IPS Officer Arrested in Job Scam; Two Associates Wanted

EntertainmentAnupam Kher gives a glimpse into Anil Kapoor’s ‘quiet’ birthday celebration

International Realted Stories

International"Does not send very reassuring message...damaging for American economy": ORF VP on H1B visa curbs

InternationalZelenskyy sounds alarm over Russia's sanctions dodging and global security risks

InternationalBangladesh journalist slams politicisation of student leader's death, particularly Jamat-e-Islam and its student wing Chhatra Shibir

International"India-Maldives ties getting back on track": Ex-Vice President of Maldives

InternationalJordan launches airstrikes on suspected drug networks along Syrian border