UPC Volt to setup 100 MW AI-ready data centre in Bharat Future City with Rs 5,000 crore investment

HYDERABAD: UPC Volt, a joint venture between Netherlands-based UPC Renewables Group and VOLT Data Centers, plans to set up a 100 MW AI-ready data centre in Bharat Future City with an investment of Rs 5,000 crore over five years.The project is expected to create over 3,000 direct and indirect jobs during construction and over 800 direct and indirect jobs during operations. The company also signed a memorandum of understanding (MoU) with the Telangana govt after its top brass met the `Telangana Rising’ delegation led by chief minister A Revanth Reddy at the World Economic Forum annual meeting at Davos on Day three of the global summit.The project is aligned with the state’s `Telangana Rising 2047’ vision to position Telangana as India’s leading AI data centre hub and will be supported by a matching 100 MW round-the-clock renewable energy facility to power the digital infrastructure with carbon-free energy, company officials told the Telangana delegation.UPC Volt’s leadership team led by Volt CEO Han de Groot, UPC Renewables APAC co-founder Steven Zwaan, UPC Renewables India CEO Alok Nigam and its assistant vice president Vikas Sharma signed the MoU after a meeting with the Telangana delegation.“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,” CM Revanth Reddy said while lauding the industries & IT minister Sridhar Babu for securing the investment.The data centre will be integrated with renewable energy sourcing under Telangana’s Green Open Access framework, which officials said would enable a “power-first” operating model and strengthen sustainability credentials for hyperscale and AI workloads.Sridhar Babu said Telangana is positioning itself to attract next-generation compute infrastructure. “We are 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,” he said.“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,” Sridhar Babu added. Revenue Minister Ponguleti Srinivasa Reddy was also part of the delegation that participated in the meeting.