CapitaLand India Trust (CLINT) has secured a five year construction loan of Rs 13 billion from J.P. Morgan India to finance phase one development of its data centre in Navi Mumbai.
According to the company, the construction of the data centre has commenced and is slated for completion by mid-2025. The data centre will boast a power capacity of 108 MW, catering to the needs of global technology giants, cloud service providers, and large domestic enterprise clients.
Additionally, CLINT has three other data centres under development in India.