Did AM Green Group Just Sign a MoU with Uttar Pradesh for a $25 Billion AI Data Centre?
Synopsis
Key Takeaways
- AM Green Group is partnering with Uttar Pradesh for a major AI data centre.
- The project represents an investment of $25 billion.
- The facility aims to be operational by 2028 and achieve full capacity by 2030.
- It will serve various sectors including healthcare, energy, and automotive.
- The data centre will utilize carbon-free energy for sustainable operations.
Davos, Jan 20 (NationPress) AM Green Group, an innovative energy transition platform supported by the founders of the Greenko Group, has officially entered into a memorandum of understanding (MoU) with InvestUP, the investment promotion division of the Uttar Pradesh Government, to establish a monumental 1 gigawatt data centre dedicated to global artificial intelligence workloads.
As part of this agreement, AM Green Group is set to develop an AI infrastructure hub in the Greater Noida area.
The project will be implemented in phases, with the initial capacity expected to be operational by 2028, and the complete 1 GW capacity is scheduled for completion by 2030.
The overall investment for this initiative is projected to be around $25 billion, as stated in the official announcement.
“This extensive project will be developed in phases, with the first capacity expected in 2028 and the entire 1 GW capacity targeted for 2030, involving a total investment of $25 billion,” said AM Green Group.
The company emphasized that this venture underscores its commitment to fostering a sustainable and carbon-neutral digital economy and aligns with Uttar Pradesh’s goal of becoming India’s foremost data centre hub.
“Upon completion, this facility will represent one of the largest investments in the nation and is in line with the Indian government’s Viksit Bharat 2047 vision aimed at enhancing AI-driven growth and digital services,” the firm highlighted.
The data centre will be engineered to accommodate the rising demand for high-performance computing and AI workloads from global hyperscalers, pioneering AI labs, large enterprises, and India’s national AI initiatives.
The facility is expected to house nearly 500,000 advanced high-performance chipsets and will be powered by carbon-free energy sources to ensure sustainable operations.
AM Green indicated that its AI labs are focused on creating a comprehensive AI ecosystem that encompasses energy, infrastructure, hardware installation, customized models, and applications.
“These solutions will serve a variety of sectors including energy, healthcare, manufacturing, automotive, media, gaming, and sovereign cloud services,” noted AM Green Group.
The enhanced computing capacity will also benefit Indian developers by providing broader access to advanced chipsets, facilitating quicker development of AI solutions for both domestic and international markets.
The MoU was signed in the presence of senior government officials and AM Green’s leadership team during the World Economic Forum in Davos.
Commenting on this significant development, Anil Chalamalasetty, Group Chairman of AM Green Group, stated that entering the AI ecosystem is a natural progression of the company’s technology-first approach and will enable the provision of comprehensive solutions across various industries.
AM Green President Mahesh Kolli added that merging large-scale computing capabilities with continuous green energy will establish a sustainable model for the future of global AI infrastructure, with robust support from the Uttar Pradesh government.