Indian data centre company, CtrlS, unveiled plans to invest US$2 billion (S$2.74 billion) over the next six years to scale its operations and expand business, with surging demand for data processing and cloud storage across major markets.
The company said it will invest in technologies and strategies in areas such as advanced cooling, power management and overall infrastructure design in its new hyperscale data centres.
The investment plan also includes adding 350 MW capacity of existing hyperscale and edge data centres in India and Southeast Asian markets.
The company operates 12 data centres with 234MW capacity across seven Indian cities, namely Mumbai, Hyderabad, Chennai, Bangalore, Noida, Lucknow and Patna.
Solar projects
The proposed investment plans extend to 153MWp (Megawatt peak) solar projects across three markets to generate 250,000MWh energy annually and an additional 300MWp projects by 2025. This includes a 145 MWp solar project in Maharashtra that will be fully owned and operated by the company.
The firm said it intends to expand its workforce by hiring 1,000 new employees in the next six years.
Its recent hirings include industry veterans like Ashish Ahuja from Google joining as Chief Technology Officer, Royce Thomas from Equinix joining as President & Chief Business Officer, Vipin Jain from AWS joining as President-Datacenter Operations and Mohit Pande from Jefferies joining as Chief Financial Officer.
CtrlS Datacentres founder and chairman, Sridhar Pinnapureddy said “Since 2007, we have been committed to innovation and excellence, and the present surge in AI and cloud technologies warrants that we stay relevant to these changing market dynamics while leading the charter of sustainability…”
Earlier in July, the company announced its expansion in Thailand by signing a Memorandum of Agreement (MoU) with the Eastern Economic Corridor Office (EECO) to lease a 10-acre plot for its data centre complex. It is collaborating with National Telecom to set up its upcoming 150-MW data centre campus.
