RailTel partners with Techno Electric to set ip 10MW Data Centre in Noida
RailTel Corporation of India Ltd. has announced the selection of M/s Techno Electric & Engineering Co. Ltd. (TECL) as its Managed Service Data Centre Partner. This strategic partnership, finalized through an open tender process, involves the development of a 10MW Data Centre in phases on RailTel's land located in Noida. A Letter of Intent (LOI) has already been issued to TECL, marking the commencement of this long-term collaboration.
Under the terms of the LOI, TECL will develop the Data Centre in phases on land provided by RailTel in Noida. RailTel will receive a share of the revenue generated from the operations of the Data Centre, calculated on a fixed percentage basis. The duration of the agreement is 30 years, including the implementation phase, with the possibility of extension through mutual consent.
As the agreement is structured around future earnings, the financial value of the contract cannot be precisely quantified at this stage.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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