Maharashtra to establish Green Integrated Data Centre Parks at an outlay of Rs.1.60 trillion

05 Nov 2024 CW Team

In a significant move to boost the state’s digital infrastructure, the Maharashtra government has approved the establishment of Green Integrated Data Centre Parks, with an expected investment of Rs.1.60 trillion. Maharashtra will become the first State in India to introduce a special policy for Green Integrated Data Centre Parks, a sector that is attracting multinational corporations.

The project is expected to solidify the State’s position as a key player in the data centre industry. The initiative will not only strengthen Maharashtra’s data infrastructure but also generate long-term revenue through direct and indirect taxes, following the completion of the promotion period.

Furthermore, the project is set to create approximately 500 high-skilled jobs directly and 3,000 indirect jobs, especially in high-tech sectors. With the rapid rise of Artificial Intelligence (AI), the demand for data storage and processing has surged, leading to increased energy consumption by data centres, raising concerns over global warming.

In light of India’s goal to achieve carbon neutrality by 2070, green technology has become crucial for the future. Maharashtra’s Green Integrated Data Centre Park will address these concerns by promoting eco-friendly practices in the sector. The parks will have a minimum capacity of 500 MW each, with a capital investment of at least `300 billion over a 10-year period. The incentive period for these projects will extend up to 20 years.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..