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By EquityPandit

INDIA

Blackstone & Telangana Govt Launch Rs 4,500 Cr Data Centre in Hyderabad

Blackstone Lumina and JCK Group will partner with a leading cloud infrastructure provider.

Blackstone has announced its entry into the data centre sector by planning to build a state-of-the-art 150 MW data centre in Hyderabad, with an investment of Rs 4,500 crore.

A MoU (Memorandum of Understanding) was signed between the Telangana government, Blackstone Lumina (the data centre division of Blackstone), and JCK Infra during the World Economic Forum in Davos.

The new data centre facility is designed to meet the needs of hyperscale clients and will support applications driven by artificial intelligence (AI), cloud services, and extensive data processing.

This development aims to foster innovation within the global digital ecosystem by providing a robust infrastructure for various digital services.

Blackstone Lumina and JCK Group will partner with a leading cloud infrastructure provider, attracting significant foreign investment to Telangana and enhancing its status as a preferred location for global businesses.

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