Japanese tech form NTT data acquires 6-acre land in Greater Noida to set up data centre

New Delhi: Japanese technology firm NTT Data has acquired 6-acre land in Greater Noida to set up a data centre with an investment of Rs 1,000 crore.

According to the Greater Noida authority, the plan is to develop the region into a data centre hub as this is the second allotment after Mumbai-based Hiranandani Group’s Yotta Infrastructure said it would set up a 20-acre data centre park in Greater Noida with an investment of Rs 7,000 crore.

“The data centre will be established in techzone IV of Greater Noida west. Headquartered in London, the company will require supply of 70MW electricity. The data centre is part of a 25-acre SEZ, which already house some multinational companies including IBM,” said a spokesperson for the authority.

Yotta park by the Hiranandani group will consist of 6 interconnected data center buildings offering 30,000 racks capacity and 200 MW of power.

The authority expected both data centres to generate employment for 1500 locals and is in talk with more companies to set up data centres in the region.

NTT Data had said earlier that it would invest about $2 billion over the next four years to expand its data centre business in India.

NTT’s Global Data Center division recently launched a new data centre in Mumbai, expanding its capacity in the country by 30 per cent.

NTT, which had earlier acquired local data centre firm Netmagic, currently operates 10 data centres across four major cities, with over 1.5 million sq ft and over 150 MW of power generation. It plans to double the data centre capacity in the next two to three years.

The Uttar Pradesh government is also formulating a policy to attract data centre builders to Noida, seeking to draw investments away from preferred destinations such as Mumbai, Bengaluru, Hyderabad and Chennai.

In a bid to be cost-competitive, the policy will include benefits such as uninterrupted power supply and permission to build without underground parking.

DLF has also leased 360,000 square feet at the upcoming Noida IT Park to Singapore-based ST Telemedia Global Data Centres.

India’s data centre capacity, as measured in terms of power load, is expected to almost triple to 1,078 MW by 2025 from 375 MW in H1 2020, presenting a $4.9 billion investment opportunity, Jones Lang LaSalle said in a report in September. Mumbai and Chennai will account for a 70 per cent share of the capacity additions, JLL said.

Daily data consumption rose 14 per cent to an average of 308 petabytes (PB) after the lockdown period from an average of 270 PB in the period before Covid-19 restrictions were imposed.

There was a 12 per cent rise in data consumption in Andhra Pradesh and Bihar, while there was a 7 per cent increase in Maharashtra, which is the biggest data consumer.

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