Techno Electric & Engineering Company Limited has informed the Exchange regarding a press release dated May 06, 2025, titled "Techno Electric & Engineering Unveils Techno Digital to Power India s Digital Infrastructure".
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Techno Electric & Engineering Company Limited (TEECL) has officially launched Techno Digital Infra Pvt Ltd, a wholly-owned subsidiary focused on digital infrastructure. The new arm has planned an investment of USD 1 billion to build a nationwide network of hyperscale and edge data centers with a cumulative capacity of 250 MW. The journey begins with a 36 MW hyperscale data center in Chennai's SIPCOT IT Park, spread across ~2 lakh sq ft with capacity for up to 2,400 racks, with future hyperscale facilities planned in Kolkata and Noida. Additionally, TEECL has partnered with RailTel Corporation to develop 102 edge data centers across 23 Indian states, targeting Tier 2 and Tier 3 cities. The move aligns with the Government of India's Digital India initiative and leverages TEECL's 40+ years of power infrastructure expertise.
This is a significant diversification move for TEECL into the high-growth data center business, backed by a major USD 1 billion capex commitment. The RailTel partnership and government-aligned strategy position the company as a serious new entrant in India's digital infrastructure space, likely positive for long-term growth but with execution and capital deployment risks to watch.