L&T targets 6x rise in data centre biz

ENGINEERING AND CONSTRUCTION giant Larsen & Toubro (L&T) plans to expand its data centre capacity sixfold to 200 MW from 32 MW as it bets big on India’s growing digital infrastructure demand.

- RAGHAVENDRA KAMATH

The company has developed data centres in Panvel near Mumbai and Chennai, and there is a plan for another 30 MW in Mahape near Mumbai, and it plans to take it to nearly 200 MW, said R Shankar Raman, whole-time director and chief financial officer. According to industry experts, one MW of capacity requires spending of ₹50 crore to ₹70 crore, depending on the site; hence, 200 MW requires a minimum of ₹10,000 crore investment.