Joint Venture UPC Volt Signs MoU for 100MW Data Center Project in India's Telangana

UPC Volt Signs MoU for 100MW Data Center in Telangana January 26, 2026 The southern Indian state of Telangana continues to solidify its position as a major destination for digital infrastructure investment, with a new memorandum of understanding (MoU) signaling a potential 100-megawatt data center project. The agreement underscores the intense competition among Indian states to attract capital from the booming data center sector, driven by rapid digitalization and cloud adoption across the subcontinent. The non-binding MoU was signed between the Telangana government and UPC Volt, a joint venture formed by UPC Renewables, an Asia-Pacific renewable energy developer, and Netherlands-based AI data center firm Volt. The latter is led by a co-founder of the global data center operator Switch. While specific details regarding the facility's location and design remain undisclosed, local media reports indicate the project would entail a proposed investment of approximately 50 billion Indian rupees, equivalent to $544 million, with construction expected to span over five years. Memorandums of understanding are a common tool used in India to publicly announce investment interest before final, binding agreements are reached. This latest development follows a pattern of similar announcements across the country. For instance, last November, Digital Connexion—a venture of Digital Realty, Brookfield, and Reliance Industries—signed an MoU for a massive 1-gigawatt campus in Andhra Pradesh. Similarly, Singapore's ST Telemedia inked a deal with Maharashtra in October to expand its data center parks in Mumbai and Pune. Telangana, home to the major inland hub of Hyderabad, has been a focal point for hyperscale investment. Last year, both Amazon Web Services and Microsoft announced significant expansions in the region, with AWS committing to invest $7 billion in its local cloud infrastructure. The potential entry of UPC Volt, with its focus on AI workloads and backing from renewable energy expertise, highlights the evolving and increasingly specialized nature of data center demand in India's competitive market. Source: datacenterdynamics