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NTT to infuse USD two billion in data centre business

The company will invest the funds in expanding its data centres and networks

NTT to infuse USD two billion in data centre business

Japanese technology firm NTT will invest about $2 billion over the next four years to expand its data centre business in India. NTT’s Global Data Center division announced the launch of a new data centre in Mumbai, Maharashtra, on 30 September 2020, expanding its capacity in the country by 30 percent. The Mumbai 7 Data Center has 3,75,000 sq ft of co-location space and will offer 5,000 racks and over 30 MW of load capacity.

The company will invest the funds in expanding its data centres and networks as well as new solar power projects in India. The company also launched its first 50 MW solar photovoltaic (PV) power plant in Solapur, Maharashtra, in partnership with Tata Power. The plant is aimed at meeting 83 percent of the electricity needed by the Mumbai data centres and can be expanded to generate a further 50 MW in future.

NTT, which had earlier acquired local data centre firm Netmagic, currently operates 10 data centres across four major cities with over 1.5 million sq ft and over 150 MW of power. It plans to double its capacity in the next two to three years. The Mumbai 7 Data Center is the third hyperscale data centre in the Chandivali campus.