HomeNewsAscendas India Trust to build datacentre near Mumbai

Ascendas India Trust to build datacentre near Mumbai

Ascendas Property Fund Trustee Pte. Ltd, the trustee manager of Ascendas India Trust (a-iTrust), will set up a new datacentre campus near Mumbai at an estimated cost of Rs 1,200 crore that will deliver 90MW of power to host technology and cloud suppliers as well as large Indian companies in a fast-growing market.

The 6.6-acre greenfield site will be developed in phases into a fully fitted datacentre campus with a total potential built-up area of up to 575,000-sq.ft and 90MW of power to host customers including global technology giants and cloud service providers, as well as large domestic enterprise clients. When it is fully developed, the data centre campus will have an overall capacity to host approximately 8,500 racks and operate at an efficient power usage effectiveness of approximately 1.4. The datacentre will also adopt sustainable design principles and green building standards, touting features such as intelligent energy management systems, solar panels, and waterless cooling systems.

The acquisition of the site from third-party vendors is expected to be completed by the third quarter of 2021. The campus will comprise two buildings. In phase one, the first building, which is scheduled to be ready by the second quarter of 2024, will have a built-up area of about 325,000-sq.ft. The datacentre campus site which Ascendas India Trust is acquiring is in a prime location along Thane-Belapur Road, easily accessible from Mumbai city via the Eastern Express Highway.

Navi Mumbai has emerged as a preferred datacentre location as it is close to sea cable landing stations, larger land parcels, abundant and scalable power, developed infrastructure and neutral network connectivity.

The demand for datacentres in India is rising due to improving technology infrastructure and increasing adoption of new technologies like 5G, artificial intelligence, cloud and the internet of things. These factors are expected to increase India’s total datacentre capacity to 1,007MW by 2023, with a compound annual growth rate of 31%.

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