Latest news with #Nxtra
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Business Standard
17 hours ago
- Business
- Business Standard
Nxtra Data plans ₹6,000 crore war chest to chase data centre growth
Nxtra Data, Bharti Airtel's data centre arm, is likely to invest ₹4,500–6,000 crore over the next three to four years as it looks to take a leadership position in India's data centre market. The Airtel subsidiary is looking to increase the number of data centres it currently operates while aiming to double its capacity, said senior executives aware of the company's plans. 'The intention is to be No. 1 or No. 2, which means more investments and buying more land. Another 70–80 megawatt (Mw) will come up in the next three to four years, almost doubling the capacity from the current 80–100 Mw,' said a senior industry executive. 'The capital investment will not be a constraint. It's been at the level of ₹1,400–1,500 crore per year, and if more than 30–35 per cent market share needs to be taken, then it would mean investing much more over the next three to four years,' the executive added. Another source familiar with the company's plans said Nxtra by Airtel is already scouting for land in Mumbai, India's data centre capital, where its new data centres are likely to come up. 'Many of the hyperscalers are looking for large facilities for artificial intelligence (AI), so that's also one of the reasons behind this aggressive push. But land pricing will be the key factor here,' the second executive said. Airtel had not responded to queries from Business Standard as of press time Tuesday. At present, Nxtra operates 14 large data centres in key metros and over 120 edge data centres across 65 cities in the country. The company aims to expand both categories, with a stronger focus on large data centres. In its annual report for 2024–25, the company said it will invest ₹5,000 crore to increase capacity to 400 Mw in its data centre business. Nxtra operates in a fragmented yet competitive space, where global majors like Japan's NTT, Singapore's ST Telemedia, and Indian firms such as CtrlS, Sify Technologies, and NTT-Netmagic have a strong presence. However, sector experts note that demand for data centres is expected to rise sharply — to nearly 2 gigawatt (Gw) from current levels of 1.2 Gw — providing ample room for players to grow. According to Colliers, data centre capacity has grown more than fourfold over the past six to seven years to 1,263 Mw, covering 16 million square feet of real estate space as of April 2025. This growth has been driven by surging demand for digital Cloud services, rising adoption of AI and the Internet of Things, higher internet penetration, and supportive government policies. By 2030, data centre capacity across the top seven cities is expected to cross 4,500 Mw and attract investments of nearly $20–25 billion, driven by global connectivity via submarine cables, the availability of land and power at comparatively lower costs, and favourable government policies. New players like Singapore-based CapitaLand are also looking to tap into the expected growth. Nxtra and other players are expected to target key data centre markets led by Mumbai, which currently accounts for 41 per cent of the total capacity, followed by Chennai and the Delhi–National Capital Region at 23 per cent and 14 per cent, respectively. With states actively rolling out data centre policies — especially after the sector was granted infrastructure status in the 2022 Union Budget — new corridors like Hyderabad and Kolkata are also emerging as expansion options. The market's growth has opened the door to several real estate players, such as Delhi-based Anant Raj and Mumbai-based Rustomjee group, which are investing in building data centres. Typically, a data centre takes 25–30 months to set up.
Time of India
2 days ago
- Business
- Time of India
Airtel's Nxtra raises renewable energy sourcing deal with Ampin to 200 MW
Nxtra by Airtel on Monday said it will source additional 125.65 megawatt renewable energy from Ampin Energy under a fresh agreement signed between the two companies. With this, the total renewable energy partnership between the two companies has crossed over 200 MW (megawatt). "Nxtra by Airtel and AMPIN Energy Transition have strengthened their partnership with a new, power-wheeling agreement involving 125.65 MW of solar-wind hybrid energy through Inter-State Transmission System (ISTS) connected plants," Nxtra said in a statement. Earlier, the company had signed two deals for sourcing around 75 MW renewable energy from Ampin. The additional capacity will be delivered to Nxtra in two phases, each through captive solar-wind power projects in Rajasthan and Karnataka, respectively, the statement said. "This achievement highlights our leadership in using ISTS-backed clean energy to power our facilities sustainably, boosting reliability and ensuring tangible climate impact," Nxtra by Airtel, CEO, Ashish Arora said. Ampin has been supplying solar power to Nxtra through intra-state, open access in Uttar Pradesh, Maharashtra and Odisha. With this new agreement, AMPIN will add 11 new states as well as new technologies such as large-scale ISTS renewable energy supply and the seamless supply of renewable energy from a single Independent Power Producer (IPP). "With this partnership, we demonstrate that through a seamless blend of inter-state and intra-state renewable energy solutions backed by a pan-India presence, we can take any customer through a nearly 100 per cent energy transition. "Nxtra by Airtel, a leader in the data and fast-growing data centrespace shares our vision for sustainability and we are proud to make data centres green by this association," Pinaki Bhattacharyya, Founder, MD and CEO, AMPIN Energy Transition, said. Nxtra joined the global RE100 initiative in June 2024, pledging to source 100 per cent of its electricity from renewable sources.
Time of India
2 days ago
- Business
- Time of India
Airtel's Nxtra raises renewable energy sourcing deal with Ampin to 200 MW
Nxtra by Airtel on Monday said it will source additional 125.65 megawatt renewable energy from Ampin Energy under a fresh agreement signed between the two companies. With this, the total renewable energy partnership between the two companies has crossed over 200 MW (megawatt). "Nxtra by Airtel and AMPIN Energy Transition have strengthened their partnership with a new, power-wheeling agreement involving 125.65 MW of solar-wind hybrid energy through Inter-State Transmission System (ISTS) connected plants," Nxtra said in a statement. Earlier, the company had signed two deals for sourcing around 75 MW renewable energy from Ampin. The additional capacity will be delivered to Nxtra in two phases, each through captive solar-wind power projects in Rajasthan and Karnataka, respectively, the statement said. "This achievement highlights our leadership in using ISTS-backed clean energy to power our facilities sustainably, boosting reliability and ensuring tangible climate impact," Nxtra by Airtel, CEO, Ashish Arora said. Ampin has been supplying solar power to Nxtra through intra-state, open access in Uttar Pradesh, Maharashtra and Odisha. With this new agreement, AMPIN will add 11 new states as well as new technologies such as large-scale ISTS renewable energy supply and the seamless supply of renewable energy from a single Independent Power Producer (IPP). "With this partnership, we demonstrate that through a seamless blend of inter-state and intra-state renewable energy solutions backed by a pan-India presence, we can take any customer through a nearly 100 per cent energy transition. "Nxtra by Airtel, a leader in the data and fast-growing data centrespace shares our vision for sustainability and we are proud to make data centres green by this association," Pinaki Bhattacharyya, Founder, MD and CEO, AMPIN Energy Transition, said. Nxtra joined the global RE100 initiative in June 2024, pledging to source 100 per cent of its electricity from renewable sources.
India.com
2 days ago
- Business
- India.com
Sunil Mittal's BIG move, Airtel signs new deal with…, to procure an additional…
Nxtra by Airtel announced on Monday that it will procure an additional 125.65 megawatts of renewable energy from Ampin Energy under a new agreement signed between the two firms. With this latest deal, the total renewable energy capacity sourced through their partnership has now surpassed 200 megawatts. Airtel Nxtra On New Deal 'Nxtra by Airtel and AMPIN Energy Transition have strengthened their partnership with a new, power-wheeling agreement involving 125.65 MW of solar-wind hybrid energy through Inter-State Transmission System (ISTS) connected plants,' Nxtra said in a statement. Earlier, the company had signed two deals for sourcing around 75 MW renewable energy from Ampin. The additional capacity will be delivered to Nxtra in two phases, each through captive solar-wind power projects in Rajasthan and Karnataka, respectively, the statement said. 'This achievement highlights our leadership in using ISTS-backed clean energy to power our facilities sustainably, boosting reliability and ensuring tangible climate impact,' Nxtra by Airtel, CEO, Ashish Arora said. What Is Ampin's Connection With Nxtra? Ampin has been supplying solar power to Nxtra through intra-state, open access in Uttar Pradesh, Maharashtra and Odisha. With this new agreement, AMPIN will add 11 new states as well as new technologies such as large-scale ISTS renewable energy supply and the seamless supply of renewable energy from a single Independent Power Producer (IPP). 'With this partnership, we demonstrate that through a seamless blend of inter-state and intra-state renewable energy solutions backed by a pan-India presence, we can take any customer through a nearly 100 per cent energy transition. 'Nxtra by Airtel, a leader in the data and fast-growing data centrespace shares our vision for sustainability and we are proud to make data centres green by this association,' Pinaki Bhattacharyya, Founder, MD and CEO, AMPIN Energy Transition, said. (With Inputs From PTI)
Business Standard
2 days ago
- Business
- Business Standard
Nxtra by Airtel partners with AMPIN Energy Transition
For sourcing additional 125.65 MW of solar-wind hybrid energy Nxtra by Airtel and AMPIN Energy Transition have strengthened their partnership with a new, power-wheeling agreement involving 125.65 MW of solar-wind hybrid energy through Inter-State Transmission System (ISTS) connected plants. With this, the total renewable energy partnership between the two companies has crossed over 200 MW. This will maximise Nxtra's infrastructural efficiency, drive deeper decarbonisation and advance operational excellencereinforcing Nxtra's position as India's leader in sustainable data centre solutions. The additional capacity will be delivered to Nxtra in two phases, each through captive solar-wind power projects in Rajasthan and Karnataka, respectively. AMPIN has been supplying solar power to Nxtra through intra-state, open access in Uttar Pradesh, Maharashtra and Odisha. With this new agreement, AMPIN will add 11 new states as well as new technologies such as large-scale ISTS renewable energy supply and the seamless supply of renewable energy from a single Independent Power Producer (IPP).
