WEF: UPC Volt signs MoU with Telangana for 100 MW data centre at Bharat Future City
The facility will be integrated with renewable energy sourcing under Telangana’s Green Open Access framework, enabling a sustainable, power-first operating model
By - Newsmeter Network |
Hyderabad: Chief Minister A Revanth Reddy-led ‘Telangana Rising’ delegation at the World Economic Forum signed an MoU for a data centre investment with UPC Volt. The joint venture will be between Netherlands-based partners UPC Renewables Group and VOLT Data Centres.
High-performance, energy-efficient AI data centres
The JV had come forward to establish a 100 MW AI-ready data centre in Bharat Future City, supported by a matching 100 MW RTC renewable energy project facility with an intent to ensure digital infrastructure is powered by carbon-free energy.
The proposed investment of Rs 5,000 crore, over five years, is expected to create more than 3,000 direct and indirect jobs during construction and over 800 direct and indirect jobs during operation.
The facility will be integrated with renewable energy sourcing under Telangana’s Green Open Access framework, enabling a sustainable, power-first operating model.
The delegation engaged in a positive dialogue during a meeting with Han de Groot, CEO, Volt, Steven Zwaan, co-founder of UPC Renewables APAC, Alok Nigam, CEO, UPC Renewables India, and Vikas Sharma, Assistant Vice President, UPC Renewables India.
#Davos:₹5,000 Cr #AIDataCentre boost for #Telangana UPC Volt has signed an #MoU with the Telangana government to set up a 100 MW AI-ready #datacentre in #BharatFutureCity, with a matching 100 MW RTC #renewableenergy facility.#Investment: ₹5,000 crore over 5 years.#Jobs:… pic.twitter.com/Lwl0vVKXCs
— NewsMeter (@NewsMeter_In) January 22, 2026
Largescale investments in tech
CM Revanth expressed delight over Minister for IT and Industries D Sridhar Babu securing the investment. He said the state’s goal of reaching $3 trillion by 2047 will be pursued by building high-calibre digital infrastructure, while also maintaining the roadmap for achieving net-zero development.
The Minister said the state is aggressively pushing to become a global AI data centre hub through incentives for components like high-density GPUs, large-scale training compute and liquid cooling. “We are aiming at net-zero development. Under the 2047 vision, Telangana is creating three distinct economic zones dedicated to service sector, manufacturing and agriculture.”
Revenue Minister Ponguleti Srinivasa Reddy was also part of the delegation that participated in the meeting.