TCC Concept Limited to Expand Data Centre Capacity With Proposed 60 MW Campus
TCC Concept Limited announced its subsidiary, NES Data Private Limited, signed an MOU to acquire land for a 60 MW Data Centre Campus in Pune. This move is part of TCC's strategy to reach 100 MW of data centre capacity, targeting AI and cloud computing demand.
The proposed expansion to a 60 MW campus represents a substantial increase in capacity and a strategic move towards a major growth objective, indicating a high impact on the company's future business.
The announcement details a significant expansion of the company's digital infrastructure, which is a positive development for future growth and market positioning.
TCC Concept Limited, through its wholly owned subsidiary NES Data Private Limited, has entered into a Memorandum of Understanding (MOU) to acquire land for a new Data Centre Campus in Rajiv Gandhi Infotech Park, Hinjewadi, Pune. This proposed campus is planned to have an IT Load Capacity of up to 60 MW, subject to due diligence and approvals.
This expansion aligns with TCC's long-term strategy to build a diversified digital infrastructure platform. The company currently operates a 4 MW enterprise data centre in Pune. The new 60 MW campus is a significant step towards its medium-term goal of achieving an aggregate data centre capacity of 100 MW, aiming to cater to the growing demand for AI, cloud computing, and digital transformation.
The strategically located site in Hinjewadi offers robust power and fiber connectivity. The development will be phased, adhering to global standards for reliability, sustainability, and energy management. The Chairman and Managing Director, Mr. Umesh Sahay, stated that this investment will strengthen TCC's position in the technology sector and create long-term shareholder value.
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TCC Concept Limited filed this with the NSE as a statutory disclosure, categorised under capex. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by TCC Concept Limited. Read the original for the full detail.