Friday, 24 March, 2023

ZR Power Holdings to invest Rs 1,700 cr to build data centre in Mahape, Navi Mumbai

<p>ZR Power Holdings plans to invest over Rs 1,700CR in Mahape, Navi Mumbai, for a large data center. The original investment agreed upon with the Maharashtra government last year would be revised upwards. The Telangana-based firm inked an MoU with the Maharashtra government in December 2021 to invest over Rs 1,200CR in the construction of two data centers, one each in Navi Mumbai and Pune. ZR Power Holdings is financed by Middle Eastern investors.</p>