Hyderabad, Sept. 18 -- Telangana government has allotted a 10-acre land parcel to the State Bank of India (SBI) in Meerkhanpet for its proposed data centre.

The land forms part of a settlement to the long-running dispute between the state government and SBI over nearly five acres in Raidurg. As part of the arrangement, seven acres in Bharat Future City (BFC) will be given to SBI in lieu of the disputed Raidurg land, while the bank will pay for the remaining three acres, reported Times of India.

The data centre will come up in BFC, which officials in the chief minister's office describe as one of the country's emerging hubs for AI and data centre infrastructure, citing several major investments already announced in the region.

Among the...