Blackstone-Panchshil to Build India’s Largest 500 MW Hyperscale Data Hub

27 Feb 2025 CW Team

Blackstone Group, the world’s largest alternative asset management firm, in collaboration with its development partner Panchshil Realty, is set to establish India’s largest hyperscale data center in Navi Mumbai. The project, with a capacity of 500 MW, involves an investment exceeding Rs 200 billion.

The data center will be a first-of-its-kind facility in the country, spanning 14 buildings and covering a total area of 3 million square feet. It is expected to operate using up to 65 per cent renewable energy, aligning with sustainability goals in the digital infrastructure sector.

To facilitate the development, Panchshil Realty’s subsidiary, Gramercy Info Park, has acquired nearly 50 acre of land adjacent to Reliance Corporate Park in Navi Mumbai’s Ghansoli area. The acquisition, amounting to Rs 9 billion, includes land consideration, levies, and associated charges. The company secured the entire property within MIDC’s Trans Thane Creek Industrial Area through two separate agreements. The transactions were officially registered on February 11, as documented by real estate data analytics firm Propstack.

This initiative represents a major milestone in foreign direct investment within India’s digital infrastructure sector. It follows Blackstone’s recent agreements with the Maharashtra government at the Davos summit, where the US-based asset manager committed to expanding its presence in India’s real estate and data center markets. The hyperscale data center is expected to strengthen India’s position as a key player in the global digital economy, catering to the increasing demand for advanced cloud and data storage solutions.

News source: Outlook Business

Infrastructure Urban

07 Oct 2025

Hiranandani Launches Rs 170 Billion Coastal Township In Alibaug

Hiranandani Communities, led by real estate developer Niranjan Hiranandani, has unveiled ‘Hiranandani Sands’, a luxury coastal township in Alibaug, near Mumbai. Spread across 225 acres, the project is projected to generate Rs 170 billion in revenue over the next decade.Designed to cater to affluent domestic and global buyers, the township will offer luxury homes, signature villas, plotted developments, and branded serviced apartments. It will be Alibaug’s first private township, featuring a personal beachfront and private jetty access, delivering a new benchmark in coastal luxury living...

Pharma Dept Identifies 11,100 Janaushadhi Sites For Clean-Up

As part of the Special Campaign for Disposal of Pending Matters (SCDPM) 5.0, the Department of Pharmaceuticals (DoP) has identified 11,100 Pradhan Mantri Bhartiya Janaushadhi Kendras across India as Outdoor Cleaning Sites. This initiative was finalised during the preparatory phase of target identification, which concluded on 30 September 2025.Under the department’s guidance, all organisations under its purview have adopted specific Swachhata-focused targets, as cleanliness remains a key pillar of the campaign. The Pharmaceuticals and Medical Devices Bureau of India (PMBI), the implementing a..

Arunachal Opens First Commercial Coal Mine At Namchik Namphuk

Union Minister for Coal and Mines G. Kishan Reddy, along with Arunachal Pradesh Chief Minister Pema Khandu, inaugurated the Namchik Namphuk Coal Mine in Changlang district, marking the launch of the state’s first commercial coal mining project. The inauguration represents a key milestone in Arunachal Pradesh’s economic development, firmly placing the state on India’s coal and energy map.To mark the occasion, the Union Minister and the Chief Minister performed a Bhumi Pujan and participated in a tree plantation drive under the “100-tree plantation initiative” at the project site. This..