Invest UP signs MoU for $25 bn investment for data centre
Lucknow, Jan. 21 -- 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. P5...
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