Adani to invest 70,000 cr to create 1 lakh jobs in AP

Andhra Pradesh Chief Minister N Chandrababu Naidu poses for photos after signing an MoU with Adani Group, in Vijaywada. PTI Photo

In a development that will boost the country’s technology infrastructure and vitalize the concept of green data centres, the Government of Andhra Pradesh (GoAP) in Amaravati on Wednesday signed a MoU with the Adani Group to build Data Center Parks up to 5 GW capacities in and around Visakhapatnam, over the next 20 years. This ambitious project would be a first-of-its-kind 100% renewable energy powered project in the world, a statement said.

The Government along with the integrated infrastructure conglomerate Adani Group will develop the hyper-scale data centre market in the state, positioning AP as the east coast data centre hub for India and South East Asia. It will also be integrated with a cable landing station that will take advantage of the state’s long coastline to help provide the needed global connectivity and redundancy that the country needs to manage its exponential growth of data.

The Adani Group will support the development of the digital and energy infrastructure in the state by investing over Rs.70, 000 crore, over a period of 20 years which in turn is expected to create in excess of 100,000 direct and indirect jobs across the state.

Chief Minister Nara Chandrababu Naidu said, “The State of Andhra Pradesh continues to raise the bar and set benchmarks as it strives tirelessly to become one of the top digital destinations in the world. Efficient and eco-friendly Data Centers are the key to enabling this futuristic digital ecosystem.

“In addition, the Adani group’s ability to provide 100% renewable power and its experience in energy management is a critical aspect towards lowering the carbon footprint for an industry that is now the world’s largest and growing power consuming industry”,” said Mr Gautam Adani, Chairman Adani Group. The move also marks the Adani Group’s foray into the digital infrastructure sector.

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Adani to invest 70,000 cr to create 1 lakh jobs in AP

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