Government of Andhra Pradesh Signs MoU With Adani Group

Gautam Adani with Chandrababu Naidu

 

Adani Group to invest Rs 70,000 crores, potentially creating over 100,000 jobs over 20 years. In a development that will boost the country’s technology infrastructure and vitalize the concept of green data centers, the Government of Andhra Pradesh (GoAP) signed a MoU with the Adani Group to build Data Center Parks up to 5 GW capacities in and around Visakhapatnam over the next 20 years. This ambitious project would be a first-of-its-kind 100 per cent renewable energy powered project in the world. The parks shall be developed across three different campuses, with each campus offering complementing value and together providing required redundancy and reliability to Data Center operators. The move also marks, the Adani Group’s foray into the digital infrastructure sector that is now of significant national importance. It will offer a unique energy supply value proposition to its customers. In addition, the data center parks will be transformational in enabling an entire ecosystem system of hardware suppliers, software application providers, start-up companies, and telecom ecosystem players thereby catalyzing innovation and creating the multiplier effect leading to tens of thousands of new jobs and generating increased tax collections.

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