It will serve hyperscale players and large enterprises in the region, and is estimated to entail an investment of approximately INR1,200 Crores ($210 million) to be deployed in the next 3 to 5 years.
The manager added that the data centre will incorporate the latest technologies in cooling and security, as well as a dedicated gas-insulated substation within the site.
CLINT CEO Sanjeev Dasgupta said that this project represents CLINT’s second data centre development project in India, following its acquisition of a greenfield data centre development site in Navi Mumbai in 2021.
Shares of Capitaland India Trust closed at $1.15 on Dec 6, two cents lower or down 1.71% from its previous close.