NTT Netmagic plans captive renewable energy plant in Tamil Nadu
NTT India, through its data centre services arm NTT Netmagic, is in the process of setting up a captive renewable energy power plant in Tamil Nadu.
“Currently, we are buying renewable energy in Chennai through open access. We are working to set up a hybrid wind-solar power plant in the state to meet the data centre park’s energy needs,” NTT India managing director Sharad Sanghi said in an interaction with TOI.
The company did not specify the amount of investment in the power plant and the number of jobs this will create for the state. NTT said it has a goal to ensure that almost 100% of the power needs of its data centres are met through renewable energy, and is hence either setting up their own captive power plants or buying third-party power. NTT has already set up a 62.5 MW plant in Maharashtra, and a 24/27 MW hybrid wind solar plant in Karnataka.The move is part of NTT’s plans to invest around $2 billion in the expansion of data centers, networks, and solar power projects in India.
It signed an MoU with the TN government last month to set up its second data centre park in Ambattur, Chennai with an initial investment of around Rs 1,300 crore.
