NxtGen to invest Rs 1,300 crore in data centres in India

22 Feb 2022 CW Team

NxtGen Datacenter and Cloud Technologies is planning to invest Rs 1,300 crore for establishing approximately 10 additional data centers along with 236 edge centers in India.

The company’s investors include Intel, Iron Mountain, and IFC. It is now raising $100 million by the first quarter (Q1) FY 22-23. The Cloud storage and computing segment player is operating four data centers in Metro cities like Mumbai, Delhi, Bengaluru, and Ahmedabad. It further plans to have data centers in Hyderabad, Visakhapatnam, and Chennai.

NxtGen Datacenter and Cloud Technologies CEO and managing director, A S Rajgopal said for the additional 10 more data centers the company will invest around Rs 500 crore. For complementing these additional 236 edge data centers are in the planning process that may require an investment of about Rs 800 crore.

For the funding of the expansion plans, NxtGen is in discussions with investors to raise about $100 million. Rajgopal added that the company wants to fund around Rs 600 crore via equity. If they are committed to the Environment, Social, and Governance (ESG) thought process, a lot of them will be willing to invest in data centers.

Regarding the government’s initiative for establishing infrastructure status for data centers and along with a specialised policy, he added that it would be helpful for industry players in receiving long-term loans in comparison with the current seven-year term loans.

Image Source

Also read: RailTel looks for data centre partners in rural and semi-urban areas

Infrastructure Urban

27 Oct 2025

Coal Ministry Achieves Milestones under Special Campaign 5.0

The Ministry of Coal and its Public Sector Undertakings (PSUs) have achieved notable milestones under the Special Campaign 5.0, focusing on cleanliness, operational efficiency, and sustainability across the coal sector. During the implementation phase from 2–31 October 2025, over 1,205 sites were cleaned, covering 68,04,087 sq ft, nearing the target of 82,51,511 sq ft. Scrap disposal of 5,813 MT against a target of 8,678 MT generated Rs 228.7 million in revenue. In addition, 1,11,248 physical and 30,331 electronic files were reviewed, with 74,123 weeded out or closed. Key initiatives showc..

Vesting Orders Issued for Three Coal Blocks under Commercial Auctions

The Ministry of Coal’s Nominated Authority has issued vesting orders for three coal blocks under commercial coal block auctions on 23 October 2025. The Coal Mine Development and Production Agreements (CMDPAs) for these mines were earlier signed on 21 August 2025. The three blocks include Rajgamar Dipside (Deavnara), Tangardihi North, and Mahuagarhi. Of these, two are partially explored while one is fully explored, with a combined peak rated capacity of around 1 MTPA and geological reserves of approximately 1,484.41 million tonnes. These mines are expected to generate annual revenue of abou..

TEC, IIT-Hyderabad Partner to Boost 6G and Telecom Standards

The Telecommunication Engineering Centre (TEC), technical arm of the Department of Telecommunications (DoT), has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology Hyderabad (IIT Hyderabad) for joint research and technical collaboration in advanced telecom technologies and standardisation. The partnership focuses on developing India-specific standards and test frameworks for next-generation networks, including 6G, Artificial Intelligence (AI), and Non-Terrestrial Networks (NTNs). It also aims to enhance India’s participation in international standardisation f..