Yotta Infra to invest Rs 39,000 crore to expand operations

Hiranandani Group’s data centre business, Yotta Infrastructure, plans to invest Rs 39,000 crore in expanding operations in Greater Noida.

Uttar Pradesh chief minister Yogi Adityanath, who inaugurated the first phase of the data centre on Monday, said UP had emerged as a preferred option for data companies.

“While announcing a data centre policy last year, we had set a target of Rs 20,000 crore investment in the state in five years. We are happy to announce that we have achieved that target within a year. We have proposals to set up 600 MW data centres in the state from multiple companies,” the CM said.

Data centre investment in India is expected to surpass $20 billion by 2025.

The first of six data centre buildings in the Yotta Greater Noida Data Center Park, Yotta D1, has been set up with an investment of around Rs 1,500 crore. It was built and made operational within 20 months.

Once fully operational, Yotta D1 will see an additional investment of Rs 5,000 crore in IT equipment.

“Keeping in mind the growing demand, we have advanced the construction of other buildings,” said Yotta Infrastructure chairman Darshan Hiranandani.

Yotta D1 is spread over 3,00,000 sq ft and offers an IT load capacity of 28.8 MW. It can house 5,000 racks across seven server floors.

Spread across 20 acres, the Yotta Greater Noida Data Center Park will offer a total capacity of 30,000 racks, four dedicated fibre paths and an IT power capacity of 160 MW.

The additional investment announced by the company will go towards constructing the data centre campus, procuring IT equipment and other hardware for Yotta and its customers.

“Yotta D1 will cater to the full spectrum of digital transformation needs that include data centre co-location services, network and connectivity, Internet peering, public and hybrid multi-cloud services, professionally managed IT services, IT security and smart cybersecurity, among others,” Yotta Infrastructure chief executive Sunil Gupta said.

According to a recent report, in the first half of 2022, the data centre stock in India exceeded 9 million sq ft with more than 600 MW capacity. It is expected that the capacity will almost double by 2024, with more than 400 MW currently under construction across various cities. Mumbai is expected to lead the supply addition, followed by Bengaluru, Chennai and the National Capital Region.

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