India's RMZ Group to Expand Data Center Capacity with $35 Billion Investment
BlockBeats news, June 19, according to Reuters, Indian diversified real estate and investment company RMZ plans to expand its data center capacity to 2 to 3 gigawatts over the next five years as part of its $35 billion investment plan, a senior executive said.
RMZ, headquartered in Bangalore, currently has a capacity of 250 megawatts. Deepak Chhabria, President of RMZ's infrastructure division, said in an interview that the company is in the final stage of negotiations for three data center projects, which after completion will increase total capacity to above 1 gigawatt.
He also added that the company plans to acquire land before the end of this year, which in the future could support about 2 gigawatts of data center capacity.
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