Chennai-based digital ICT solutions provider Sify Technologies has announced that it has signed a Power Purchase Agreement (PPA) with Vibrant Energy for 231 MW of solar and wind energy at an investment of 1,250 crores to power the latter's hyper-scale data centres.
The partnership is the first step in the company's initiatives to reduce its dependence on fossil fuels to power the data centre business. Sify would be able to deliver most of the power required for its flagship data centres in Mumbai.
M P Vijay Kumar, CFO, Sify, said "In Mumbai, we have data centres in three locations. This 231 MW is one of the three locations for one campus in Mumbai. For others, we will do it over a period."
He stated that discussions were on with Vibrant Energy for other data centres.
"We are scheduled to create about 200 MW of capacity of data centres in the next four years. Some projects are currently underway with construction already commenced while some are scheduled to commence," Kumar said.
Sify's data centre business is spread across six cities with 11 data centres.
Sify chairman Raju Vegesna stated, "with the constantly expanding need for world-class data centre facilities to meet the burgeoning data-centric transformation of Indian businesses, we believe that investing in clean energy sources to fuel this transformation is a social imperative." Vibrant Energy CEO Srini Viswanathan said, "Vibrant is honored to partner with Sify in their journey to build sustainable data centre solutions in the Indian market… Vibrant is looking forward to continuing its work with Sify to support them in their 100 percent renewable energy goals."
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