UPC Volt, a joint venture (JV) between Netherlands-based UPC Renewables Group and VOLT Data Centers, will set up a 100-megawatt (MW) AI-ready data centre in Bharat Future City, a new urban development planned on the south-eastern side of Hyderabad. The facility will be supported by a 100 MW renewable energy plant.
Representatives of the JV have signed a memorandum of understanding (MoU) with officials of the Telangana government at the World Economic Forum (WEF) summit in Davos, Switzerland.
The project will involve an investment of Rs 50 billion and is expected to generate around 800 direct and indirect jobs once it becomes operational.
Additionally, the data centre will be integrated with renewable energy sourcing under Telangana’s Green Open Access framework.
