Reliance Industries Limited (RIL) has joined hands with Brookfield Infrastructure Partners LP and Digital Realty Trust Inc in a three-tier venture to set up a special purpose vehicle (SPV) towards building server farms in India. RIL will hold 33.33% stake in the SPV, said a joint statement by the three partners. Digital Realty Trust is the largest supplier of cloud and carrier-neutral data center, co-region and interconnection solutions internationally with 300+ data centers in 27 countries.
It has a joint venture (JV) with Brookfield Infrastructure that is developing state-of-the-art, exceptionally connected, versatile data centers to meet the infrastructure needs of enterprises and digital services organizations in India. RIL will become an equal partner in the joint venture. The joint venture will be tagged as ‘Digital Connection: A Brookfield, Jio and Digital Realty Company’.
The joint venture is currently building data centers in key areas of Chennai and Mumbai. The JV’s initial 20 megawatt (MW) greenfield data center (MAA10) at Chennai, on 100 MW grounds, is expected to be completed by the end of 2023.
The JV recently reported the purchase of 2.15 acres of land in Mumbai to build a 40 MW server farm. Given the scope of these sites, the data centers will be connected to the basic earthbound network foundation as well as undersea links, and will become hubs of worldwide availability for Indian organizations and gateways into India for global organizations.
The range of data centers in India is expected to grow manifold in the next few years. Indians are by far the largest versatile information consumers in the world.
This will increase exponentially with the continued 5G roll-out and increased access to various digital services like OTT platforms and gaming. The acceptance of 5G use cases by enterprises will drive the adoption of data-intensive technologies such as the Internet of Things (IoT) and artificial intelligence (AI).
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