Brookfield Infra JV to invest on data centre in Mumbai

16 Jun 2023 CW Team

At a cost of about $250 million, BAM Digital Realty, a partnership between Brookfield Infrastructure and Digital Realty, would erect a data centre on a 2.15-acre plot of land in Chandivali, Mumbai.

The second data centre for the business will have a 35 MW capacity for IT load. At the end of 2023, its first data centre in Chennai, with a 20 MW IT load capacity, will become operational.

According to the company, the new location of BAM Digital Realty was chosen for its accessibility to clients and central location within the city. It also offered the necessary attributes of a well-connected facility capable of meeting the region's expanding demand for critical digital infrastructure.

By the end of 2025, it is anticipated that India's data centre market will have an installed capacity of 1.4 GW. Mumbai, the nation's financial headquarters and home to numerous huge companies, is a key source of demand for data centres, making up over 43% of the nation's total capacity. Numerous subsea cable landings in India and high-density fibre connectivity are further benefits.

135 MW of data centre capacity will be available in the nation, according to BAM Digital Realty.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..