Adani to invest Rs.500 billion for 1 GW data centre in Maharashtra
ECONOMY & POLICY

Adani to invest Rs.500 billion for 1 GW data centre in Maharashtra

In a major development at the World Economic Forum 2024, the Adani Group unveiled plans to invest Rs.500 billion over the next decade in establishing a 1 gigawatt (GW) hyperscale data centre in Maharash...

In a major development at the World Economic Forum 2024, the Adani Group unveiled plans to invest Rs.500 billion over the next decade in establishing a 1 gigawatt (GW) hyperscale data centre in Maharashtra. This initiative underscores the group's commitment to harnessing the potential of the digital landscape and contributing significantly to the country's technological infrastructure. The substantial investment is poised to propel Maharashtra into a prominent position on the digital map, marking a significant step towards realising the state's digital aspirations. The project, powered entirely by renewable energy, aims to create 20,000 jobs and generate direct and indirect employment, contributing significantly to the economic landscape of the state.The data centre powered by renewable energy will boost green energy infrastructure in Maharashtra and also aligns with its broader sustainability goals. As of 2023, Adani Electricity Mumbai supplied up to 38 per cent of electricity to Mumbai consumers from renewable sources with a target to reach 60 per cent by 2027.

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Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

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Real Estate

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

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Infrastructure Transport

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..

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