Ahmedabad Oct 29, 2019:In a strategic move to accelerate its foray into the data center domain, the Adani Group (“Adani”), a $13 billion integrated business conglomerate in India, today announced it is partnering with San Francisco-based Digital Realty (NYSE: DLR), the world’s leading global provider of data center, colocation and interconnection solutions.
According to a Memorandum of Understanding (“MoU”) signed between Adani Enterprises Limited, the group’s flagship company and Digital Realty, they will jointly evaluate developing and operating data centers, data center parks and cultivating undersea cable provider communities of interest across India.
With the exceptionally strong growth of India’s data economy, building up its data center infrastructure will be a critical need for the country’s digital enablement vision. India’s current data center capacity is severely under-served and the partnership between Adani and Digital Realty looks to reshape this sector. The collaboration would leverage Digital Realty’s extensive experience and industry-leading solutions for their global data center customer base along with Adani’s expertise in full-stack energy management, renewable power, and real estate development and management. The strong engineering and project management capabilities of the two companies will also enable this partnership to execute effectively in a complex environment and deliver facilities on time with the required high uptime levels.
Speaking on the development, the Adani Group Chairman, Mr. Gautam Adani, said, “Data center infrastructure is critical to enable a Digital India and this partnership leverages several of the capabilities developed by the Adani Group in power generation, transmission, retail electricity distribution, access to waterfronts through the ports business, and real estate management. Also, as one of the top five renewable energy companies in the world, our ability to power our data centers with solar and wind energy is unique and addresses some of the challenges of building and operating data centers. We are excited about partnering with Digital Realty, the world’s market leader in the data center industry, to help with the transformation of this sector in India. The skill sets of the two companies are complementary, and together we can provide unmatched products and solutions to customers in India.”
“We are excited by the opportunity to enter the Indian market with the Adani Group,” said Digital Realty Chief Executive Officer, A. William Stein.“Their knowledge of the local market and complementary capabilities are a great fit for us and will significantly accelerate our ability to serve customers in this rapidly growing region. The Adani Group’s understanding of real estate development, energy, cooling technologies and access to connectivity across the nation will be critical to providing a world-class experience to a customer base that sees India as one of the largest and fastest growing markets in the world. We are strongly committed to working with Adani to build out a world-class data center network in India to support the growth of our global and Indian customers.”
About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,000 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Latin America, Asia and Australia. Digital Realty’s clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare, and consumer products.
About Adani Enterprises Adani Enterprises Limited (AEL) is the flagship company of Adani Group, one of India’s largest business conglomerates. AEL is a fast-growing company with a diversified business portfolio comprising integrated coal management and coal mining, solar modules manufacturing as well as edible oil business. Through its efficient, competitive and profitable B2B and B2C operations, the company is enhancing access to basic services such as electricity through timely coal supplies, helping to create a clean environment, delivering quality food grain and providing a healthy cooking medium. In doing so, Adani Enterprises is playing a key role in fostering a better future for the people.