Singapore-based Digital Edge in collaboration with National Investment and Infrastructure Fund (NIIF) and AGP DC InvestCo Pte Ltd (AGP) to develop hyperscale data centres of 300 MW hyperscale facility in Navi Mumbai with a potential investment of $2 billion (Rs 1,633 crore).
The facilities developed in the partnership will operate under the brand name Digital Edge DC and intend to support the growth of India’s cloud industry.
Construction of the 47-acre site will commence in early 2023 and the facility will be built in multiple phases. Upon completion, the data centre will be operated by and marketed by Digital Edge DC.
“This project is another milestone in our ongoing journey and takes the count to 16 data centres across six Asian markets,” Chief Executive Officer, Samuel Lee was quoted saying.
Digital Edge is a Singapore-based data centre platform company. It has deployed close to $1 billion in capital throughout Asia. The company provides data centre and fiber services across Asia, with a presence in China, Indonesia, Japan, Korea, and the Philippines.