STT Global Data Centres signs MoU with Telangana government to invest Rs 3,500 crore
Company to establish data centre campus at Meerkhanpet with targeted capacity of up to 100 MW
HYDERABAD: STT Global Data Centres India Private Limited (STT GDC India) signed a Memorandum of Understanding (MoU) with Telangana government to establish a data centre campus at Meerkhanpet, Mucherla in Hyderabad with an investment of up to Rs 3,500 crore.
The company currently operates a data centre at HITEC City, Hyderabad, and the new campus will further solidify its presence in the State. The upcoming state-of-the-art AI ready data centre campus will feature cutting-edge technologies with targeted capacity of up to 100 MW.
The MoU was signed in the presence of Industries Minister D Sridhar Babu, Bruno Lopez, Group CEO of ST Telemedia Global Data Centres (STT GDC), at the STT GDC office in Singapore.
Bruno Lopez, president and Group Chief Executive Officer, ST Telemedia Global Data Centres, said, “This collaboration demonstrates our common goal of promoting economic expansion, generating employment, and constructing a sustainable digital future.”
STT GDC India’s expansion investment in Telangana is part of its broader vision to achieve a design capacity of 1 GW across India in the next decade, with a decadal investment outlook of approximately USD 3.2 billion.
