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Reading: Blackstone & Telangana Govt Launch Rs 4,500 Cr Information Centre in Hyderabad
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StockWaves > Financial News > Blackstone & Telangana Govt Launch Rs 4,500 Cr Information Centre in Hyderabad
Financial News

Blackstone & Telangana Govt Launch Rs 4,500 Cr Information Centre in Hyderabad

StockWaves By StockWaves Last updated: January 24, 2025 3 Min Read
Blackstone & Telangana Govt Launch Rs 4,500 Cr Information Centre in Hyderabad
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January 23, 2025January 23, 2025





Blackstone has introduced its entry into the information centre sector by planning to construct a state-of-the-art 150 MW knowledge centre in Hyderabad, with an funding of Rs 4,500 crore.

A MoU (Memorandum of Understanding) was signed between the Telangana authorities, Blackstone Lumina (the information centre division of Blackstone), and JCK Infra throughout the World Financial Discussion board in Davos.

The brand new knowledge centre facility is designed to satisfy the wants of hyperscale purchasers and can assist purposes pushed by synthetic intelligence (AI), cloud providers, and in depth knowledge processing.

This improvement goals to foster innovation throughout the international digital ecosystem by offering a sturdy infrastructure for varied digital providers.

Blackstone Lumina and JCK Group will companion with a number one cloud infrastructure supplier, attracting important overseas funding to Telangana and enhancing its standing as a most well-liked location for international companies.

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