Maharashtra Partners with Lodha for Rs 4bn Green Data Centre Park
Real Estate

Maharashtra Partners with Lodha for Rs 4bn Green Data Centre Park

The Maharashtra government has signed a Memorandum of Understanding (MoU) with Lodha Developers Ltd to develop a Green Integrated Data Centre Park in Palava, marking a significant step in the state’s digital infrastructure expansion.
The project, with a proposed investment of Rs 4 billion, aims to establish Maharashtra as a hub for sustainable, large-scale data centre operations.
The park will span 370 acres in the Mumbai Metropolitan Region (MMR) and will have a planned capacity of 2 gigawatts, designed to host multiple leading international and domestic players. The initiative is expected to generate nearly 6,000 direct and indirect jobs, with Lodha Developers acting as the master developer and various data centre operators establishing facilities within the park.
This development follows the introduction of Maharashtra’s Green Integrated Data Centre Parks policy in October 2024. The policy mandates that data centres—known for their high energy consumption—operate using renewable and alternative energy sources. Under the programme, three such parks will be established across MMR to meet the growing demand for digital infrastructure, driven by cloud computing, artificial intelligence, and the rapid adoption of digital services.
Maharashtra had earlier designated data centres as a “thrust area” for industrial growth in 2019, emphasising its commitment to attracting investment in the sector. The new partnership with Lodha Developers reinforces that vision while aligning with India’s broader sustainability goals.
Abhishek Lodha, Managing Director & Chief Executive Officer of Lodha Developers Ltd, said the collaboration reflects the company’s focus on green growth. “The Green Integrated Data Centre Parks policy will not only create employment opportunities and boost the economy but will also operate on clean and green energy sources benefiting generations. At Lodha, we are aiming for net zero across our operations in the coming years and are committed to the success of this initiative,” he said.
The MoU highlights Maharashtra’s ambition to become a global destination for data centre investments by combining industrial growth with sustainability, ensuring the state remains at the forefront of the digital economy.

The Maharashtra government has signed a Memorandum of Understanding (MoU) with Lodha Developers Ltd to develop a Green Integrated Data Centre Park in Palava, marking a significant step in the state’s digital infrastructure expansion.The project, with a proposed investment of Rs 4 billion, aims to establish Maharashtra as a hub for sustainable, large-scale data centre operations.The park will span 370 acres in the Mumbai Metropolitan Region (MMR) and will have a planned capacity of 2 gigawatts, designed to host multiple leading international and domestic players. The initiative is expected to generate nearly 6,000 direct and indirect jobs, with Lodha Developers acting as the master developer and various data centre operators establishing facilities within the park.This development follows the introduction of Maharashtra’s Green Integrated Data Centre Parks policy in October 2024. The policy mandates that data centres—known for their high energy consumption—operate using renewable and alternative energy sources. Under the programme, three such parks will be established across MMR to meet the growing demand for digital infrastructure, driven by cloud computing, artificial intelligence, and the rapid adoption of digital services.Maharashtra had earlier designated data centres as a “thrust area” for industrial growth in 2019, emphasising its commitment to attracting investment in the sector. The new partnership with Lodha Developers reinforces that vision while aligning with India’s broader sustainability goals.Abhishek Lodha, Managing Director & Chief Executive Officer of Lodha Developers Ltd, said the collaboration reflects the company’s focus on green growth. “The Green Integrated Data Centre Parks policy will not only create employment opportunities and boost the economy but will also operate on clean and green energy sources benefiting generations. At Lodha, we are aiming for net zero across our operations in the coming years and are committed to the success of this initiative,” he said.The MoU highlights Maharashtra’s ambition to become a global destination for data centre investments by combining industrial growth with sustainability, ensuring the state remains at the forefront of the digital economy.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->