Blitz Bureau
NEW DELHI: The Andhra Pradesh government has approved the allotment of land and tailor-made incentives for two major data centre projects in Visakhapatnam and Anakapalli districts, with a combined proposed investment of Rs 1.44 lakh crore and a total capacity of 1,486 MW.
The approvals, issued through separate government orders of the Information Technology, Electronics and Communications Department on August 21, provide for land allotment and a package of fiscal and non-fiscal incentives to Data Centre Holdings India LLP and Renew AP Green Data Center Private Limited.
The Visakhapatnam project, proposed by Data Centre Holdings India LLP, involves an investment of Rs 58,743 crore and a capacity of 486 MW, with an employment commitment of 1,250 jobs. The government has approved 200 acres at Jagnadhapuram in Anandapuram mandal for the project, with the land to be allotted at a 25% discount on the APIIC cost, subject to a cap of Rs 30 crore.
The project has been granted several incentives, including a 10 per cent capital subsidy on machinery and equipment, capped at Rs 1,800 crore, and reimbursement of net SGST on construction and leasing costs, subject to specified ceilings. It will also receive a Rs 1 per unit power discount for 15 years, electricity duty exemption for 20 years and concessions on renewable and carbon-free energy access.
The government has also approved reimbursement of the cost of electrical infrastructure development and upgradation.
