Adani Enterprises plans to invest USD 5 billion over the next five years.
https://youtu.be/vD2Np7FYTjA?si=TMPiWxDbFuj_CQLK
Adani Enterprises plans to invest USD 5 billion over the next five years.
- Adani Enterprises plans to invest USD 5 billion over the next five years.
- Adani Enterprises is set to expand its data center business significantly.
- AdaniConneX, which has only one operational data center in Chennai so far, has completed almost two-thirds of the construction in the Noida and Hyderabad data center facilities. Chennai's Phase 2 development is also underway.
- Currently, AdaniConneX has an operational capacity of 17 MW
- AdaniConneX has also partnered with global technology giants for long-term contracts ranging from 5 to 15 years to support its aggressive growth targets.
- AdaniConneX, a joint venture between AEL and Sweden's EdgeConneX, plans to invest USD 5 billion over the next five years. More than half of this investment could be allocated within this year alone.
- AdaniConnex Pvt Ltd (ACX - Data Center)
- Noida Data Center • Construction Completion ~89% of 50MW core & shell + 10 MW MEP
- Hyderabad Data Center • Construction Completion ~94% for Phase I - 9.6 MW
- Pune Data Center • Pune I ~20% and Pune II ~38% for Phase I - 9.6 MW
Expansion of Data Center Operations The primary objective of this investment is to expand data center operations, particularly in Noida, Hyderabad, and Chennai. The company currently has 17 megawatts of live capacity in Chennai.
Creating a Robust Infrastructure: The investment will also be used to create a robust infrastructure for the data centers. This includes state-of-the-art facilities and advanced technologies to ensure the efficient functioning of the data centers.
Meeting Growing Demand: With the digital revolution and the increasing reliance on data, the demand for data centers is growing exponentially. This investment will help AdaniConneX meet this growing demand and establish itself as a leading player in the data center business.
Partnerships with Global Tech Giants: AdaniConneX has secured partnerships with global tech giants for between 5 and 15 years to achieve its growth targets. These partnerships will help the company leverage these tech giants' expertise and resources, thereby enhancing the efficiency and effectiveness of its data center operations.
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