Digital drive and climate action getting the thrust this budget the FM paved the way for easier cheaper and long term financing for data centres and energy storage giving a big boost India's richest from Ambani to Adani.
Data Centres and Energy Storage Systems including dense charging infrastructure and grid-scale battery systems will be included in the harmonized list of infrastructure, announced Finance Minister, Nirmala Sitharaman. This will facilitate credit availability for digital infrastructure and clean energy storage."
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Ironically it is India's richest who will not have any hurdles in financing that will benefit from this .
The Adani Group plans to initially build data centers in Mumbai, Chennai, Hyderabad and in and around New Delhi. Sunil Mittal backed Airtel to invest $671 million to triple its data center capacity to 400 megawatts by 2025. The India's richest man Mukesh Ambani's Reliance’s digital unit has also been looking to build a data center, according to a local media report.
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