The Government of Telangana has signed a major Memorandum of Understanding (MoU) with the UPC–Volt joint venture for the establishment of a 100 MW AI data centre in Hyderabad.
According to the press release, The MoU was signed by the ‘Telangana Rising’ delegation led by Hon’ble Chief Minister Sri A. Revanth Reddy with the joint venture between Netherlands-based UPC Renewables Group and Volt Data Centers on the sidelines of the World Economic Forum 2026 in Davos.
As per the agreement, the joint venture between Netherlands-based UPC Renewables Group and Volt Data Centers will establish a 100 MW AI data center at Bharat Future City in Hyderabad.
The delegation led by the Chief Minister held discussions with Volt CEO Mr Han De Groot, UPC Renewables (Asia Pacific) Co-founder Mr Steven Zwane, and UPC Renewables India CEO Mr Alok Nigam.
The project entails an investment of ₹5,000 crore over the next five years. To meet the power requirements of the data center, a dedicated 100 MW renewable energy plant will also be set up. During the construction phase, the project is expected to generate around 3,000 direct and indirect employment opportunities, with an additional 800 jobs to be created once the data center becomes operational.
On this occasion, the Chief Minister congratulated Minister Sridhar Babu for his role in attracting the investment and stated that advanced digital infrastructure would play a pivotal role in transforming Telangana into a 3 trillion dollar economic powerhouse under Telangana Rising 2047.
Responding to this, Minister Duddilla Sridhar Babu said that the government would extend all necessary incentives and facilities for the establishment of advanced AI data centers. He added that the development of a net-zero city is an integral part of Telangana’s vision. Revenue Minister Ponguleti Srinivas Reddy and senior officials were present at the meeting.
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According to the press release, The MoU was signed by the ‘Telangana Rising’ delegation led by Hon’ble Chief Minister Sri A. Revanth Reddy with the joint venture between Netherlands-based UPC Renewables Group and Volt Data Centers on the sidelines of the World Economic Forum 2026 in Davos.
As per the agreement, the joint venture between Netherlands-based UPC Renewables Group and Volt Data Centers will establish a 100 MW AI data center at Bharat Future City in Hyderabad.
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The delegation led by the Chief Minister held discussions with Volt CEO Mr Han De Groot, UPC Renewables (Asia Pacific) Co-founder Mr Steven Zwane, and UPC Renewables India CEO Mr Alok Nigam.
The project entails an investment of ₹5,000 crore over the next five years. To meet the power requirements of the data center, a dedicated 100 MW renewable energy plant will also be set up. During the construction phase, the project is expected to generate around 3,000 direct and indirect employment opportunities, with an additional 800 jobs to be created once the data center becomes operational.
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On this occasion, the Chief Minister congratulated Minister Sridhar Babu for his role in attracting the investment and stated that advanced digital infrastructure would play a pivotal role in transforming Telangana into a 3 trillion dollar economic powerhouse under Telangana Rising 2047.
Responding to this, Minister Duddilla Sridhar Babu said that the government would extend all necessary incentives and facilities for the establishment of advanced AI data centers. He added that the development of a net-zero city is an integral part of Telangana’s vision. Revenue Minister Ponguleti Srinivas Reddy and senior officials were present at the meeting.
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