Uttar Pradesh secures $25bn AM Green data centre project in Greater Noida

At the World Economic Forum in Davos, the Uttar Pradesh government on Tuesday signed a memorandum of understanding (MoU) with AM Green Group to set up a 1 gigawatt capacity data centre in Greater Noida, an official statement said.

Under the project, AM Green Group will invest USD 25 billion, which the statement described as one of the largest investments in India so far.

The agreement is expected to support the Uttar Pradesh government’s aim of positioning the state as a leading data centre and artificial intelligence hub under the leadership of Chief Minister Yogi Adityanath.

According to the statement, AM Green Group will develop the AI infrastructure hub in phases. The first phase of the project is scheduled to begin by 2028, with the data centre expected to reach its full 1 gigawatt capacity by 2030.

The project is aligned with the government’s ‘Viksit Bharat 2047’ vision and is expected to accelerate the expansion of AI-based services in the country.

The data centre will house around five lakh advanced chipsets, enabling high-performance computing and supporting a range of AI-based applications. The facility is designed to provide large-scale support to global hyperscalers, frontier laboratories, enterprises and India’s AI initiatives.

The statement said the data centre will operate using carbon-free energy and will also provide chipset access to Indian developers, enabling them to develop and scale AI solutions within the country.

The project is expected to attract significant direct foreign investment into the region.

“AI has become connected to our daily lives; it is also the foundation of the future. Our entry into the AI full-stack ecosystem is a natural extension of our ‘technology-first’ thinking, through which we will provide integrated end-to-end solutions for various industries,” AM Green Group chairman Anil Chalamalasetty said.

AM Green Group president Mahesh Kolli said the support of the Uttar Pradesh government was a key factor in the project’s development.

“By combining 1 gigawatt compute capacity with our 24/7 green power solutions, we are not just building a data centre, but with the support of Uttar Pradesh government, we are preparing a sustainable model for the future of global AI infrastructure,” he said.