TCC Concept Limited has announced that its wholly owned subsidiary, NES Data Private Limited, has entered into a Memorandum of Understanding (MOU) for the acquisition of a strategically located land parcel at Rajiv Gandhi Infotech Park, Hinjewadi, Pune, for the development of a next-generation Data Centre Campus with a planned IT Load Capacity of up to 60 MW, subject to completion of due diligence, execution of definitive agreements and receipt of customary statutory and regulatory approvals.
This proposed acquisition represents another significant milestone in TCC Concept Limited’s long-term strategy of building a diversified digital infrastructure platform. Through its wholly owned subsidiary, NES Data, the Company already owns and operates a 4 MW enterprise data centre in Pune. The proposed development of an additional data centre campus with a planned IT Load Capacity of up to 60 MW marks a significant expansion of its digital infrastructure business and reinforces TCC’s long-term vision of creating one of India’s leading next-generation data centre platforms. The proposed project is also a significant step towards the Company’s medium-term strategic objective of building an aggregate data centre capacity of 100 MW, positioning TCC to capitalize on the rapidly growing demand for artificial intelligence (AI), cloud computing, hyperscale infrastructure, enterprise colocation and digital transformation.
The proposed campus, strategically located within Rajiv Gandhi Infotech Park, Hinjewadi, Pune, is expected to become a key digital infrastructure asset in the Company’s portfolio. The location offers robust power availability, excellent fibre connectivity and close proximity to leading technology companies, making it ideally suited for hyperscale and enterprise data centre development. The project is proposed to be developed in phases, incorporating global standards of reliability, sustainability, operational efficiency and energy management
Strategic HighlightsÂ
- Expansion of TCC’s existing operational data centre platform from its current 4 MW enterprise data centre through the planned development of an additional campus with IT Load Capacity of up to 60 MW.
- Represents a significant milestone towards TCC’s medium-term objective of building an aggregate data centre capacity of 100 MW.Â
- Strategic location within Rajiv Gandhi Infotech Park, Hinjewadi, Pune (SEZ), one of India’s largest technology and innovation hubs.
- Strengthens TCC’s long-term digital infrastructure portfolio and enhances its presence in one of India’s fastest-growing technology sectors.
- Positions the Company to meet the increasing demand from cloud service providers, AI companies, enterprises, financial institutions and government organisations. Â
Commenting on the development, Mr. Umesh Sahay, Chairman and Managing Director of TCC Concept Limited, said,
Commenting on the development, Mr. Umesh Sahay, Chairman and Managing Director of TCC Concept Limited, said: “This proposed acquisition is another important milestone in TCC’s vision of building a futureready digital infrastructure platform. Having successfully established and operated our enterprise data centre in Pune, the proposed development of a 60 MW data centre campus represents the next phase of our growth journey and a significant milestone towards our medium-term objective of building an aggregate data centre capacity of 100 MW. As demand for AI infrastructure, cloud services and digital transformation continues to accelerate, we believe this investment will significantly strengthen our position in one of India’s fastest-growing technology sectors and create long-term value for our shareholders.”Â
