Hyderabad, Nov. 4 -- CtrlS Datacenters Ltd, Asia's largest Rated-4 datacentre operator, today announced that the company has signed a memorandum of understanding (MoU) with NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, for renewable energy ties.
The MoU was signed between CtrlS Founder & CEO Sridhar Pinnapureddy and NGEL CEO Sarit Maheshwari.
As part of the MoU, CtrlS and NGEL aim to jointly establish grid connected Renewable Energy projects / assets with a capacity of up to 2 GW or more through greenfield development and/or acquisitions, for the supply of renewable power to CtrlS for its captive consumption on mutual agreement or any other business as may be mutually decided between the parties.
The MoU shall be in for...