AIRLINK 58.32 Decreased By ▼ -0.28 (-0.48%)
BOP 6.20 Decreased By ▼ -0.01 (-0.16%)
CNERGY 3.95 Decreased By ▼ -0.04 (-1%)
DFML 16.15 Increased By ▲ 0.14 (0.87%)
DGKC 68.31 Increased By ▲ 0.99 (1.47%)
FCCL 17.76 Increased By ▲ 0.21 (1.2%)
FFBL 25.85 Decreased By ▼ -0.04 (-0.15%)
FFL 9.19 Increased By ▲ 0.05 (0.55%)
GGL 9.97 Increased By ▲ 0.20 (2.05%)
HBL 113.21 Increased By ▲ 0.71 (0.63%)
HUBC 111.73 Decreased By ▼ -3.56 (-3.09%)
HUMNL 6.71 Increased By ▲ 0.12 (1.82%)
KEL 4.19 Decreased By ▼ -0.03 (-0.71%)
KOSM 4.32 Increased By ▲ 0.76 (21.35%)
MLCF 37.56 Increased By ▲ 0.45 (1.21%)
OGDC 121.05 Increased By ▲ 4.65 (3.99%)
PAEL 22.76 Increased By ▲ 0.05 (0.22%)
PIAA 10.80 Increased By ▲ 0.01 (0.09%)
PIBTL 6.23 Decreased By ▼ -0.02 (-0.32%)
PPL 107.20 Increased By ▲ 3.20 (3.08%)
PRL 26.65 Increased By ▲ 0.26 (0.99%)
PTC 9.50 Decreased By ▼ -0.03 (-0.31%)
SEARL 51.80 Decreased By ▼ -0.19 (-0.37%)
SNGP 66.00 Increased By ▲ 0.88 (1.35%)
SSGC 11.06 Increased By ▲ 0.13 (1.19%)
TELE 7.18 Decreased By ▼ -0.03 (-0.42%)
TPLP 11.95 Decreased By ▼ -0.04 (-0.33%)
TRG 75.98 Decreased By ▼ -0.87 (-1.13%)
UNITY 20.40 Decreased By ▼ -0.09 (-0.44%)
WTL 1.29 Decreased By ▼ -0.01 (-0.77%)
BR100 6,380 Increased By 48.4 (0.76%)
BR30 21,720 Increased By 90.3 (0.42%)
KSE100 62,328 Increased By 413.9 (0.67%)
KSE30 20,969 Increased By 118.4 (0.57%)

BENGALURU: India’s Adani Enterprises said on Friday that a joint venture with private data center operator EdgeConneX has raised $213 million to fund its under-construction data centers.

The capital will be used to finance two data centers in the cities of Chennai and Noida, with an aggregate capacity of 67 megawatts (MW), the company said in a statement.

India’s Adani to slow down on dealmaking to focus on existing projects

The JV, called AdaniConneX, will seek to build a 1 GW clean energy data center platform by 2030, with investments planned across the country, the company added.

Lenders including ING Bank NV, Mizuho Bank Ltd, MUFG Bank Ltd, Natixis, Standard Chartered Bank, and Sumitomo Mitsui Banking Corporation have committed to the financing facility.

Comments

Comments are closed.