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Hiranandani’s Yotta Infra to invest Rs 390 bn in Noida
The Hiranandani Group’s data centre business, Yotta Infrastructure, plans to invest Rs 390 billion on expanding operations in Greater Noida.
Uttar Pradesh chief minister Yogi Adityanath, who inaugurated the first phase of the data centre this week, said the state had emerged as a preferred option for data companies.
“While announcing a data centre policy last year, we had set a target of Rs 200 billion investment in the state in five years. We are happy to announce that we have achieved that target within a year. We have proposals to set up 600 MW of data centres in the state from multiple companies,” the he said.
The first of six data centre buildings in the Yotta Greater Noida Data Center Park, Yotta D1, has been set up with an investment of around Rs 15 billion.
Once fully operational, Yotta D1 is expected to see an additional investment of Rs 50 billion in IT equipment.
“Keeping in mind the growing demand, we have advanced the construction of other buildings,” said Yotta Infrastructure chairman Darshan Hiranandani. Yotta D1 is spread over 300,000 sq ft and offers an IT load capacity of 28.8 MW. It can house 5,000 racks across seven server floors.
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