Tata Communications Ltd, leading telecommunication services provider, will set up a major ultra-modern green data centre at the Gandhinagar-based Gujarat International Finance Tec-City (GIFT), India’s first globally-benchmarked International Financial Services Centre (IFSC), to provide communication services.  

The centre will be built and managed by Tata Communications, a consortium member of Smart ICT Services Private Ltd, the concessionaire appointed by GIFT for undertaking the establishment, management, and operation of ICT infrastructure, services and platforms within GIFT on a Build, Own and Operate (BOO) basis.

The concessionaire is a special purpose vehicle (SPV) formed by a consortium consisting of Newgen Holdings Pvt Ltd, Tata Communications, Centios Co. Ltd and Newgen ITeS Pvt Ltd, pursuant to GIFT Company Ltd awarding the project to the consortium.

Built over 4,147 square meters, it will be one of India’s largest Tier IV facilities and will accommodate 900 racks designed for efficient PUE (power usage effectiveness) at the time of expected launch in June 2015. It will provide world-class services including cloud services, co-location, managed hosting and other managed services to the customers in GIFT and outside at competitive costs.

The Data Centre project has been registered with the Leadership in Energy and Environmental Design - Indian Green Building Council (LEED IGBC), said Sanjay Baweja, CFO, Tata Communications, on Thursday.

Ramakant Jha, Managing Director and Group CEO, GIFT, said the infrastructure would facilitate a flawless and readily available business environment for the various agencies being located in GIFT, the first global financial hub in India.

GIFT, a Gujarat Government project in partnership with IL&FS, is developing India’s first multi-service SEZ with IFSC status to cater to the country’s large financial services potential by offering world-class infrastructure and facilities to global firms. It would create an estimated five lakh direct and an equal number of indirect jobs requiring 62 million square feet of real estate office and residential space.

GIFT will target a 6-8 per cent share of the financial services potential in India.

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