Davos: Blackstone, a global leader in investment and infrastructure, has announced its foray into the data centre ecosystem in Hyderabad with the establishment of a cutting-edge 150MW data center facility.
A MoU to this effect was signed with Telangana government and Blackstone Lumina (Data Centre arm of Blackstone) along with JCK Infra, on the margins of the World Economic Forum2025 in Davos.
This strategic partnership underscores Telangana’s position as a hub for advanced digital infrastructure and innovation. The proposed data center will involve an investment of up to Rs.4,500 crore, emphasizing energy efficiency, advanced cooling systems, and robust cyber security protocols.
Designed to cater to hyperscale clients, the facility will support AI-driven applications, cloud services, and large-scale data processing, fostering innovation in the global digital ecosystem.
Blackstone (Lumina (Data Centre arm of Blackstone) + JCK Group) will collaborate with one of the world’s leading cloud infrastructure providers, bringing significant foreign investment to the state and positioning Telangana as a preferred destination for global enterprises.
Telangana, Akshat Greentech signs MOU to set up solar unit
Meanwhile, Telangana government has signed a Memorandum of Understanding (MoU) with Akshat Greentech Private Limited, a group company of Mytrah Energy, to establish a state-of-the-art solar cells and modules manufacturing facility in Telangana.
The MOU was formalized on the margins of the World Economic Forum 2025 in Davos, in the presence of Chief Minister A Revanth Reddy, IT and Industries Minister D Sridhar Babu and the Telangana Rising Delegation. Akshat Greentech was represented by their Director Girish Gelli.
Akshat Greentech, will set up a 6.9 GW Solar Cells and 6.9 GW Solar modules manufacturing unit in Hyderabad. The project with a proposed investment of Rs.7,000 crore is expected to create over 2,500 direct jobs, boosting local employment and fostering economic development in the region. It represents a significant milestone in Telangana’s journey towards renewable energy leadership.
The State government has recently launched an ambitious Clean and Green Energy Policy and remains committed to fostering a conducive ecosystem for investment in renewable energy, offering robust infrastructure, single window clearances, and attractive package of incentives.
