Lucknow, Jan. 20 -- AM Green Group (AM Group), owned by Greenko founders Anil Kumar Chalamalasetty and Mahesh Kolli, plans to set up a 1 gigawatt data centre in Greater Noida with an investment of around $25 billion.

On Tuesday, the company signed an MoU with Invest UP, at the World Economic Forum (WEF) 2026 in Davos, Switzerland.

Suresh Khanna, state finance minister, is leading a high-level delegation of the Uttar Pradesh government, in Davos.

The first phase of the project will come up in 2028 and full 1 GW capacity by 2030.

Besides the data centre, 5 lakh latest high-performance chipsets will be set up, and will be one of the largest investments in the country to date aligned with the Indian government's Viksit Bharat 2047 vision ...