Data Centres

Data centres now attract more capital than new oil projects as global energy priorities shift

The rapid expansion of AI and cloud computing is driving this spending surge. The IEA expects electricity consumption from AI-focused data centres alone to increase fivefold by 2030.

Tata Power targets data centres as new growth engine; aims 100% clean energy supply by 2030: CEO Praveer Sinha

Tata Power has 5.4 GW of projects in pipeline and we will be able to complete all this in the next two years. So, any new bid that we win will come only in the third year. This is in fact the current scenario for the entire renewable energy sector in India, which is why the government is reassessing its scale of tendering such projects, Sinha said.

SRF: Chemicals business to remain key driver

While agrochemicals pose challenges due to the imports from China, order deferment, and US tariffs, off-take for new agro products, along with better realisations for refrigerants, should be helpful

India cannot afford the scale of investment in data centres, if power bills go up, it will become a hot political issue: Zoho’s Sridhar Vembu

He drew parallels with the U.S., where AI investment has soared into the trillions of dollars but raised concerns about rising electricity costs and limited productivity gains.

Why Elon Musk is building giant AI data centres in Memphis, and what it means for the city

His Colossus supercomputers promise to fuel the AI race, but locals fear the costs in water, power, and pollution.

Why data centres deserve a tax break

India proposes significant tax incentives for data centres as the country positions itself to capitalize on the AI boom and compete in the global digital infrastructure race.

PE giants eye $20–25 bn bet on India’s digital infra, including data centres, AI cloud by 2030

Investments are pouring into edge data centres, AI-ready hyperscale campuses, and scalable fibre networks, with more than $15 billion already committed and deployed since 2020

Chart of the Day | Low vacancies power investments in data centres

The recent surge in AI workload is likely to bring in transformational changes to demand contours

Chart of the Day | India’s Digital Boom: What’s powering the rise of data centres?

The rapid rise in India’s digital consumption is propelling an unprecedented demand for data centres. But how sustainable is this growth?

India’s data centre market sees $6.5-billion investments between 2014 and 2024: Report

Mumbai and Chennai dominate the data centre market, accounting for 70 percent of India’s total IT power capacity. Over the past five years, around 440 acres of land have been acquired for the creation of hyperscalers across three major cities which include Hyderabad, Mumbai and Pune.

L&T to spend Rs 3,600 crore to set up 3 new data centres in India

The data centes are being developed in Bengaluru, Panvel and Mahape, L&T Cloudfiniti CEO Seema Ambastha has said. L&T already operates data centres in Mumbai and Chennai, with a combined capacity of 32 MW

Capital goods order flows reflect capex slowdown, but is it a blip?

Capital goods firms order flows portray a moderation in economic activity both in government and private sector capex, although some sectors are faring well

60% of India’s data centres around Navi Mumbai, Maharashtra will be leader in AI: CM Fadnavis

He shared that MoUs worth $20 billion to build data centres were signed at the World Economic Forum in Davos last month.

India’s data centre market sees 407 MW absorption in 2024, set for 600 MW capacity addition in 2025

Data showed that over 200 acres of land were acquired in the top five cities including Mumbai, Hyderabad, Pune, Chennai and Bengaluru in 2024. Mumbai also led the absorption market with 53 percent of total absorption, followed by Hyderabad at 14 percent, and Chennai and Pune at 10 percent each.

Singtel, KKR agreed to put in checks to address CCI concerns on $ 1.3-billion data centre deal

Singtel and KKR, which together picked up a 26% stake in STT GDC for $1.3 billion in 2024, agreed to safeguards after CCI raised several red flags

Data centres to attract investments of $100 billion by 2027, capacity to reach 2070 MW by the end of 2025: CBRE

India’s current data centre capacity stands at 1,255 MW, and it is projected to further expand to around 1,600 MW by the end of this year. It is expected to reach around 2,070 MW by the end of 2025, according to the CBRE report.

PhonePe invests over Rs 2,800 cr to expand infrastructure, including data centers, across India in data localisation push

According to the report, PhonePe’s investment is aimed at enhancing its ability to comply with stringent data localization regulations imposed by financial regulators

Chart of the Day | EVs, data centres to account for a third of power demand

Soaring power demand set to offer a multi-trillion dollar opportunity for India’s power sector in generation, distribution and more

Microsoft India buys land worth Rs 520 crore in Pune's Hinjawadi

This is Microsoft India's second major land purchase in Pune, having earlier purchased a 25-acre plot for Rs 328 crore in Pune's satellite city of Pimpri-Chinchwad

Private equity investments in real estate back in play amid more focus on data centres, logistics

Investors and market observers say office spaces are an attractive proposition for investors. Significant capital is expected to be directed to alternative assets such as data centres, warehouses and industrial parks, and purpose-built accommodation, including hotels, for students and senior citizens, and hospitals.