Blackstone and Panchshil Realty to Invest ₹20,000 Cr in 500 MW Hyperscale Data Center in Navi Mumbai
Blackstone and Panchshil Realty have announced a significant investment of ₹20,000 crore to develop a 500 MW hyperscale data center in Navi Mumbai. This ambitious project aims to cater to the growing demand for data storage and cloud services in India.
BlackstonePanchshil RealtyData CenterNavi MumbaiHyperscaleReal Estate MumbaiFeb 25, 2025
The project involves the development of a 500 MW hyperscale data center in Navi Mumbai, a strategic location that is rapidly emerging as a hub for technological advancements and business growth.
The data center will be a built-to-suit facility, designed to meet the highest standards of performance, security, and sustainability.
The partnership between Blackstone and Panchshil Realty underscores the growing importance of data centers in the digital economy and the strategic vision of both companies to capitalize on this trend.
Navi Mumbai, a part of the Greater Mumbai Metropolitan Region, has been chosen for its favorable business environment, robust infrastructure, and proximity to major financial and business centers.
The data center will not only serve local businesses but will also attract multinational corporations looking to expand their footprint in India.
The project is expected to create significant economic and employment opportunities for the region.
It will also contribute to the technological infrastructure that supports the digital transformation of various industries, including finance, healthcare, and e-commerce.
The data center will be equipped with state-of-the-art facilities, including advanced cooling systems, power backup solutions, and high-speed connectivity options.
Blackstone and Panchshil Realty have a strong track record of successful collaborations in the real estate and technology sectors.
Their combined expertise and resources will ensure that the data center is completed on time and meets the highest standards of quality and efficiency.
The announcement of this project comes at a time when the demand for data storage and cloud services is surging.
With the rapid adoption of digital technologies and the increasing volume of data generated by businesses and consumers, the need for reliable and scalable data centers has never been greater.
The 500 MW hyperscale data center in Navi Mumbai is poised to meet this demand and position India as a key player in the global data center market.
The development of the data center will be carried out in phases, with the first phase expected to be operational within the next two to three years.
The project will also focus on sustainable practices, such as the use of renewable energy sources and energy-efficient technologies, to minimize its environmental impact.
In conclusion, the partnership between Blackstone and Panchshil Realty to develop a 500 MW hyperscale data center in Navi Mumbai represents a significant step forward in the technological advancement of the region.
It is a testament to the growing importance of data centers in the digital economy and the strategic vision of both companies to create a world-class facility that will serve businesses and consumers for years to come.
Frequently Asked Questions
What is the total investment amount for the data center project?
The total investment amount for the data center project in Navi Mumbai is ₹20,000 crore.
Who are the partners involved in this project?
The partners involved in this project are Blackstone, a leading global investment firm, and Panchshil Realty, one of India's premier real estate developers.
Where will the data center be located?
The data center will be located in Navi Mumbai, a part of the Greater Mumbai Metropolitan Region.
What is the capacity of the hyperscale data center?
The capacity of the hyperscale data center is 500 MW.
What are the key features of the data center?
The key features of the data center include advanced cooling systems, power backup solutions, high-speed connectivity options, and a focus on sustainable practices such as the use of renewable energy sources.
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