Anant Raj to invest Rs 10,000 crore for 300 MW data centre
real estate developer Anant Raj Limited plans to develop 300 MW data centre buildings with a total investment of ₹10,000 crore in the next few years, said its managing director Amit Sarin.
Having previously constructed three IT buildings in Manesar, Rai and Panchkula in Haryana, the company is presently in the process of transforming these structures into data centres, he told ET.
«The three projects possess the potential to accommodate 300 MW of data, and we benefit from having pre-existing structures that simply need to be adapted to meet the specifications essential for a data centre. The initial phase of Manesar Park is ready with a 21 MW capacity, and the complete project is designed for a total capacity of 50 MW,» said Sarin.
Industry experts have projected a demand for about 20 million square feet of data centre space across key cities in the next four-five years.
Anant Raj holds 1.2 million square feet in Manesar on a 10-acre site, 2.1 million square feet on a 25-acre plot in Rai (with the possibility of doubling capacity) and 500,000 square feet on a 10-acre land in Panchkula (with expansion options).
«In Manesar, we have the potential to reach 50 MW, while Rai can accommodate a 200 MW data centre.
Additionally, Panchkula can support a 50 MW data centre. We've initiated the process with Manesar and plan to proceed with converting other buildings based on market demand,» said Sarin.
A megawatt of data centre capacity costs ₹55-60 crore, according to industry experts.
