Sify Technologies in top gear to tap renewable energy for data centres
Chennai Feb 23 PTI Provider of solutions to information and communication technology Sify Technologies Limited has a plan to tap over 400 MW of renewable energy for its data centre business over the next four years according to an official of the company The Chennai-based Nasdaq-listed company on Wednesday announced its partnership with Vibrant Energy Holdings Ltd a subsidiary of Blue Leaf Energy Asia Pte Ltd and a portfolio company of Macquaries Green Investment Group GIG According to Chief Financial Officer of Sify M P Vijay Kumar the partnership with Vibrant Energy was to set up a 231 MW of solar and wind energy capacity to power Sify unit in Mumbai Recently Sify signed power purchase agreements PPAs with Vibrant Energy Holdings The PPAs are for a total of 231 MW of solar and wind energy capacity to power latest data centres of Sify Of the 231 MW PPA for 67 MW was recently implemented The partnership is the first step in a clear roadmap for the company to minimise its dependence on fossil fuels to power the data centre business At the same time Sify is investing in solar and wind energy to deliver most of the power required for its flagship data centres in Mumbai In Mumbai we have data centres in three locations he told reporters On the partnership with Vibrant Energy he saidAs far as the nature of partnership is concerned it is on a captive power purchase model where the entire facility will be set up by Macquarie GIG- sponsored Vibrant Energy Vibrant Energy would be setting up the facility design construct and operate the facility and make available the power for Sify Technologies for use he said To a query whether the partnership was specific to the data centre in Mumbai Kumar clarified that discussions were on with the 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 underway with construction already having commenced while some are scheduled to commence Kumar said According to him the exposure of Sify to data centre business is spread across six cities with 11 centres We are on track to add another 200 MW capacity in the next four years and spread across multiple cities and beyond he said Chairman of Sify Raju Vegesna said With the constantly expanding need for world-class data centre facilities to meet the burgeoning data-centric transformation of businesses we believe that investing in clean energy sources to fuel this transformation is imperative Sify is proud to be doing its part to help our customers become a part of this clean energy future he said CEO of Vibrant Energy Srini Viswanathan said Vibrant is honoured to partner with Sify on their journey to build sustainable data centre solutions in the market Vibrant is looking forward to continuing its work with Sify to support them in their 100 per cent renewable energy goal he said PTI VIJ NVG NVG
Chennai Feb 23 PTI Provider of solutions to information and communication technology Sify Technologies Limited has a plan to tap over 400 MW of renewable energy for its data centre business over the next four years according to an official of the company The Chennai-based Nasdaq-listed company on Wednesday announced its partnership with Vibrant Energy Holdings Ltd a subsidiary of Blue Leaf Energy Asia Pte Ltd and a portfolio company of Macquaries Green Investment Group GIG According to Chief Financial Officer of Sify M P Vijay Kumar the partnership with Vibrant Energy was to set up a 231 MW of solar and wind energy capacity to power Sify unit in Mumbai Recently Sify signed power purchase agreements PPAs with Vibrant Energy Holdings The PPAs are for a total of 231 MW of solar and wind energy capacity to power latest data centres of Sify Of the 231 MW PPA for 67 MW was recently implemented The partnership is the first step in a clear roadmap for the company to minimise its dependence on fossil fuels to power the data centre business At the same time Sify is investing in solar and wind energy to deliver most of the power required for its flagship data centres in Mumbai In Mumbai we have data centres in three locations he told reporters On the partnership with Vibrant Energy he saidAs far as the nature of partnership is concerned it is on a captive power purchase model where the entire facility will be set up by Macquarie GIG- sponsored Vibrant Energy Vibrant Energy would be setting up the facility design construct and operate the facility and make available the power for Sify Technologies for use he said To a query whether the partnership was specific to the data centre in Mumbai Kumar clarified that discussions were on with the 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 underway with construction already having commenced while some are scheduled to commence Kumar said According to him the exposure of Sify to data centre business is spread across six cities with 11 centres We are on track to add another 200 MW capacity in the next four years and spread across multiple cities and beyond he said Chairman of Sify Raju Vegesna said With the constantly expanding need for world-class data centre facilities to meet the burgeoning data-centric transformation of businesses we believe that investing in clean energy sources to fuel this transformation is imperative Sify is proud to be doing its part to help our customers become a part of this clean energy future he said CEO of Vibrant Energy Srini Viswanathan said Vibrant is honoured to partner with Sify on their journey to build sustainable data centre solutions in the market Vibrant is looking forward to continuing its work with Sify to support them in their 100 per cent renewable energy goal he said PTI VIJ NVG NVG
