Adani Enterprises gets 130 acres land for data centre park in Vizag

30 Oct 2021 CW Team

The Andhra Pradesh government has approved 130 acres of land for Adani Enterprises for the development of a data centre park and other projects aimed at attracting over Rs 14,000 crore in investment. The cabinet, chaired by Chief Minister YS Jagan Mohan Reddy, also approved tourism projects in Visakhapatnam and Vijayawada, according to an official release.

Cabinet has approved administrative sanction for the construction of a fishing harbour at Vodarevu in Prakasam district, as well as allotment of 130 acres of land to Adani Enterprises in Madhurawada, Visakhapatnam, for the development of a 200 MW data centre park, Business Park, Skill university, and Recreation center, with an estimated investment of 14,634 crore and committed employment of 24,990 jobs.

For the development of the tourism sector, the Cabinet approved allotting land for the construction of luxury resorts in five locations across the state.

The cabinet also approved ISKON Charities' request for land in Penukonda, Anantapur district, to build a Mega Spiritual Center and Tourist Base Camp at the foothills of Sri Ganagiri Laxmi Narasimha Swamy temple.

Adani Enterprises Limited (AEL) is the only company in the country with the ability to build data centres.

In Visakhapatnam, India, Adani is also building a data centre campus.

Adani and EdgeConneX formed a new joint venture to develop data centres in India earlier this year. AdaniConneX, the new company, is building a data centre for Flipkart in Chennai.

Image Source

Also read: Bharti Airtel plans Rs 5,000 cr investment in data centre business

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..