Sify Data Centers signs PPA with Vibrant Energy for over 200MW green power project

Pune: Sify Applied sciences stated on Wednesday that it has entered into energy buy agreements (PPAs) with Vibrant Energy Holdings for a complete 231 megawatt (MW) of photo voltaic and wind power capability to energy its newest hyperscale information centres. Out of this, 67MW photo voltaic PPA had been signed in March 2021 and not too long ago commissioned. Each corporations would collectively make investments about Rs 1,250 crore for the 231MW challenge by way of a particular objective car, and this could be commissioned over the subsequent few years.

“We’re increasing our renewable energy footprint for our current information centres in Mumbai and two greenfield tasks which can be developing,” M P Vijay Kumar, chief monetary officer, Sify Applied sciences, advised ET. He added that along with giving the corporate entry to wash power, it will even be obtainable at a decrease price as in comparison with conventional sources. Additional, it will assist the corporate meet its ESG tips and add to the return on investments.

Vibrant Vitality Holdings is a portfolio firm of Macquarie’s GIG. This partnership is step one in a roadmap for the corporate to reduce its dependence on fossil fuels to energy its information heart enterprise and decreasing its carbon footprint.

Srini Viswanathan, CEO, Vibrant Vitality, stated: “We’re working with Sify to assist them devour 231 megawatts of renewables by way of a mix of wind and photo voltaic. That is anticipated to ship about 470-gigawatt hours of energy of which 66 MW is being commissioned proper now in Maharashtra,” he stated.

By concurrently investing in each photo voltaic and wind power, Sify will quickly be capable of ship a lot of the energy required for its flagship information centres in Mumbai from renewable sources and intends to proceed growing renewable penetration throughout its nationwide footprint.

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