Reliance Plans Rs 1.6 Lakh Crore Investment for India's Largest Data Centre Cluster in Visakhapatnam
Reliance Industries Plans Record-Breaking $17 Billion Data Centre Project in Visakhapatnam
Reliance Industries Ltd (RIL) is set to invest a staggering Rs 1.6 lakh crore (over $17 billion) in building a 1.5-gigawatt data centre cluster, accompanied by a captive solar and battery storage system in Visakhapatnam. According to an Economic Times report, this ambitious project would make Visakhapatnam the hub for India's largest data centre cluster, surpassing Google's 1-GW project in the same region, valued at $15 billion.
The proposed facility is expected to be established in three phases, with the first phase scheduled to begin at Polipalli village, where a 500-MW data centre will be constructed, with commercial operations targeted for October 2028. The second phase, expected by 2030, will add 1 GW of capacity at Bhogapuram East and West. The entire cluster is planned near Visakhapatnam's upcoming airport at Bhogapuram.
To facilitate this massive project, RIL has requested 935 acres of land, including 300 acres for the first phase, 635 acres for the second phase, 1 acre for a cable landing station, and 80 acres for a desalination plant. The Andhra Pradesh Investment Promotion Committee has reportedly approved the proposal at a meeting held last Saturday.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Visakhapatnam is rapidly emerging as a major data centre hub, with several other companies planning to set up their facilities in the region. Google has announced a $15 billion investment for a 1-GW cluster in the region, with a formal launch expected on Tuesday. Other notable projects in the pipeline include Sify's 500-MW data centre and Digital Connexion's 1-GW facility, while Anant Raj Cloud is planning a 300-MW data centre.
| Company | Planned Capacity | Investment |
|---|---|---|
| Reliance Industries | 1.5 GW | $17 billion |
| 1 GW | $15 billion | |
| Digital Connexion | 1 GW | - |
| Sify | 500 MW | - |
| Anant Raj Cloud | 300 MW | - |
| RMZ | 1 GW | - |
| Tillman Global Holdings | 300 MW | - |
Note: The investment figures for Digital Connexion, Sify, Anant Raj Cloud, RMZ, and Tillman Global Holdings are not provided in the original text, therefore they are left blank.
Investor Takeaway
Reliance's massive investment in India's largest data centre cluster is expected to have a significant impact on the country's IT sector.
More in Market
Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
US-Iran Tensions Spark Uptick in Oil Prices Amid Global Market Decline
Indian Stocks to Watch: BHEL, Agarwal Industrial, JBM Auto, Rajesh Exports, Indian Energy Exchange, Lenskart Solutions in Market Focus on June 4.
