Reliance Jio Infocomm Ltd., plans to build a data centre in Uttar Pradesh on an investment of around $950 million, two people who are the part of this development stated that the data centre which will be introduced in India may be powered by its own renewable energy plant.
“This is an important focus area for Reliance Jio,” said one of the two people who commend above, both of who spoke on condition of anonymity.
Reliance Jio data centre plan comes against the backdrop of the government projecting India’s digital economy to grow to $1 trillion by 2025.
A top minister of the state government has also confirmed the development. “For the data centre, a 20- acre plot had been allotted to the company, and the project cost is approximately rs7,000 crore.” Sidharth Nath Singh who leads the ministries of investment and export, micro, small and medium textile enterprises (MSME) and textile in UP government, said in a statement in response to a Mint query.
“The data centre will consist of six interconnected data centre building offering 30,000 racks capacity and 200 MW of power, even it is expected that it will generate thousands of job opportunities to those who are in IT sector (information technology) and to IT professionals,” Sidharth Nath Singh said in the statement.
As per the government, India has around 375 MW Installed power capacity for data centres, which may triple by 2025. The centre also plans to implement a policy to encourage firms to build data centre parks, including infrastructure status, which will help them in accessing the benefits such as long term credit at easier terms. The Union and the state government may provide fiscal and non – fiscal incentives.
Investors have warmed up in Uttar Pradesh following the Yogi Aditya Nath who led the government’s industrial policy announced in 2017, which outlines measures ranging from subsidized electricity to fiscal incentives.
“With an aim to require abreast of a replacement level, the UP government has begun a mission to form it a $1 trillion economy by 2024. To achieve this target, the state government has identified 5 sectors, including infrastructure development, industry, agriculture, urban development and services sectors .
