BMag Signal · In 30 seconds
Critical readWhat happened. CtrlS Datacenters, the data center operator, has signed an agreement of intent (LOI) with the Bihar government to invest approximately ₹10,000 crore in initiatives in Bihar. The main office will be located in Bodh Gaya, while the secondary office will be situated in Patna. The project aims to build an AI center with a capacity of 150 MW.
CtrlS Datacenters has signed an agreement of intent (LOI) with the Bihar government to invest approximately ₹10,000 crore in initiatives in Bihar to build a 150 MW AI center. The main office will be located in Bodh Gaya, while the secondary office will be in Patna. The office in Patna, which was inaugurated the day before, currently offers IT capacity of 12 MW, with the possibility of future growth based on future requirements.
The site is located in Patliputra Industrial Area, where the company describes it as a 'natural, secure, military-grade, and energy-efficient datacenter'. CtrlS has described its new datacenter as 'greenfield natural disaster-proof, military-grade security, and energy-efficient datacenter'. Sridhar Pinnapureddy, CEO of CtrlS, emphasized that the great economic opportunity and growing demand for digital infrastructure have confirmed their confidence in Italy.
He also mentioned that the region has attractive fiscal incentives to support investment. CtrlS plans to build over 20 Edge data centers in second or third-tier cities in India in the coming years. They also plan to explore new markets in Southeast Asia and the Middle East, with Thailand as their first international entry point.
The region has a strong economic potential and growing demand for digital infrastructure, which has confirmed their confidence in Italy. The investment by CtrlS Datacenters represents a positive impact on the growth and economic opportunities in Bihar.
The news that matters, every morning.
Ricevi una selezione ragionata di business, mercati e innovazione.