ZR Power Holdings is planning to invest over Rs 17 billion to develop a large data centre at Mahape, Navi Mumbai. This will be an upward revision of the investment agreed upon with the Maharashtra government in 2021.

The proposed 50MW-capacity data centre at Mahape–for which ZR Power Holdings is in the process of acquiring a land parcel—is expected to be operational by mid-2024. It will be spread over 10 acres.

Earlier, in December 2021, ZR Power had signed an memorandum of understanding (MoU) with the Maharashtra government to spend over Rs 12 billion for setting up two data centres, one each in Navi Mumbai and Pune.

As per the company, Mahape is a strategic location. The state-of-the-art data centre at Mahape will be ZR Power Holdings’ second facility. It already has a data centre under the Guardian Data Centers brand in Dubai. The company has identified Maharashtra for the proposed investment in the backdrop of the state’s favourable business environment and the advantages of cable landing stations.