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.

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