Mumbai-based Lodha Developers has signed a memorandum of understanding with the government of Maharashtra to invest ₹1 trillion to develop a 2.5 gigawatt data centre park in the state. This is in addition to its earlier investment commitment of ₹30,000 crore.
Once completed, the facility is expected to become the largest data centre park in India. The MoU was signed by Abhishek Lodha, managing director and chief executive officer of Lodha Developers, during the World Economic Forum 2026 held in Davos, Switzerland.
The data centre park will be developed under the state government’s Green Integrated Data Centre Park policy. The project is expected to generate more than 16,000 direct and indirect jobs.
The park is set to host several major international and domestic companies. Amazon has already acquired a land parcel within the park and has also made arrangements to meet its power requirements for the next 15 years. Singapore-based STT Global Data Centres has also secured land in the same park.
Lodha Developers said it will act as the developer for multiple companies that are planning to set up data centres at the site.
“Over and above the ₹30,000 crore commitment last year to develop the data centre park, we have signed another agreement with the government of Maharashtra to invest an additional ₹1 trillion. The state has already scaled newer heights under the leadership of Devendra Fadnavis, chief minister of Maharashtra. His vision and actions directed towards developed Maharashtra give us immense confidence in committing to such a large investment,” Lodha said.
In 2019, the Maharashtra government identified integrated data centres as a key focus area for industrial growth. To further support the sector, it introduced a policy for green integrated data centre parks in 2024.
Under this policy, data centres, which consume large amounts of electricity, will be powered by green and alternative energy sources. Initially, 3 such parks are planned in the Mumbai metropolitan region.
Lodha Developers said it holds a large land bank in Palava, located in the Mumbai metropolitan region, and views the area as a major opportunity for large-scale data centre development. According to the company’s investor presentation, 2 large global data centre players entered Palava in 2024 and 2025, with the most recent land transaction valued at ₹21 crore per acre.
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