L&T and Tamil Nadu Government sign MoU to build a data centre in Kanchipuram

Will establish 90 MW capacity data centres and associated units in a phased manner over five years.

Leading Indian multinational conglomerate, Larsen & Toubro Limited (L&T) announced on Wednesday that it signed an MoU with the Government of Tamil Nadu to establish a data centre at Kanchipuram, Tamil Nadu. 

L&T will establish 90 MW capacity Data Centres and associated units in a phased manner in Kanchipuram over the next five years. The company envisages employing around 1100 people (600 direct and 500 indirect) in the project. These data centres will provide comprehensive solutions and end-to-end data centre services, with multi-cloud managed and cyber security services, digital transformation integration services and application integration services. 

The Government of Tamil Nadu will provide uninterrupted power supply and other infrastructure support on a best-effort basis that will bring tangible economic and social benefits to the people of the state. 

Speaking on the development, S N Subrahmanyan, CEO and MD at L&T stated that the state of Tamil Nadu is on a growth trajectory, and L&T was delighted to partner with the state government to propel this growth by building a data centre that will further trigger development by attracting investments and generating jobs for the people of Kanchipuram. 

At 12.30 pm on Wednesday, the stock of L&T was seen trading at Rs 1880, down by 0.44 per cent or Rs 8.25 per share on BSE. The 52-week high of the scrip is recorded at Rs 1,982.95 and the 52-week low at Rs 1,092.35 on the BSE.