India, Jan. 20 -- Lodha Developers Ltd has signed a fresh memorandum of understanding with the Maharashtra government to invest an additional Rs 1 lakh crore in a large-scale data centre park in the state.
This comes four months after the company committed Rs 30,000 crore under the state's Green Integrated Data Centre Park policy. With the latest agreement signed by MD and CEO Abhishek Lodha on January 19 at the World Economic Forum in Davos, Lodha's total investment in the project now stands at Rs 1.3 lakh crore, making it the largest data centre park in India.
The proposed park will have a capacity of around 2.5 gigawatts and is expected to generate over 16,000 direct and indirect jobs. It will host several major global and domestic pla...