Power Grid Corporation gets nod to establish Data Centre at Manesar

31 Dec 2021 Evaluate

Power Grid Corporation of India has received approval from board of director for expansion of POWERGRID Telecom into Data Centre Business and to establish a Data Centre at Manesar, Haryana at an estimated cost of about Rs 322 crore (including GST).

Earlier, in November Company’s board has approved investments proposals worth around Rs 552 crore. These investment proposals worth Rs 552 crore include capital expenditure for procurement of telecom equipment and associated power system for augmentation of telecom backbone and access network with an estimated cost of Rs 429.24 crore based on June 2021 price level with commissioning schedule of 24 months from the date of award.

Power Grid Corporation of India is an Indian state-owned electric utilities company headquartered in Gurgaon, India.

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