AirTrunk signs MoU for 1.8 gigawatts in Andhra Pradesh

AirTrunk has filed detailed plans with Andhra Pradesh for the two data center campuses covered by its memorandum of understanding with the state, 1.8 gigawatts in Anakapalli district, at a proposed investment of about 1.03 trillion rupees (about $11 billion), with the proposal still under consideration by state authorities.

Why it matters: The filing puts the first investment figure on one of the largest single state data center proposals in India, at about $6 per watt against the $30 billion, 5 gigawatt India programme AirTrunk set out in June, but a detailed project report is a request for land, power and approvals, not funded or contracted capital.

Data as of Datacenter Dynamics report of November 14, 2026, read in full in this run, reporting AirTrunk's own LinkedIn statement of the same day. Single sourced: the company said full details of either project have not been shared, and no investment figure, timeline or power arrangement was given. Developing item. Updated November 14, 2026, 20:23 Toronto, with Bloomberg's report of November 14, 2026, as carried by The Hindu BusinessLine and read in full in AInvest's analysis of the same filing in this run: the detailed project report, the 1.03 trillion rupee (about $11 billion) figure from the company's emailed statement, and the proposal's status under consideration by state authorities. The Tech in Asia feed item that surfaced the figure carried the wrong link (its April 2026 Lumina CloudInfra acquisition article); the figure was verified against Bloomberg's reporting by the second route, not taken from that page.

Latest. The proposal now has a price attached. AirTrunk has submitted a detailed project report to the Andhra Pradesh government for the two campuses, putting the proposed investment at about 1.03 trillion rupees, about $11 billion, for combined capacity of as much as 1.8 gigawatts, according to an emailed statement from the company reported by Bloomberg. The proposal remains under consideration by state authorities, and the company said the campuses would use low-water, air-cooled technology and industrial water supplies rather than municipal sources. A filed project report is the document a developer submits to seek land, power and approvals; it is not evidence of approved or funded capital, and no anchor tenants or construction timetable have been disclosed.

AirTrunk has signed a memorandum of understanding with Andhra Pradesh chief minister Nara Chandrababu Naidu for two proposed data center campuses in Anakapalli district, outside Visakhapatnam: 400 megawatts at Rambilli and 1.4 gigawatts at Tootipala. The company, acquired by Blackstone and the Canada Pension Plan Investment Board for $16.1 billion in 2024, said full details of either project have not been shared, and it gave no investment figure or timeline. AirTrunk entered India earlier this year by acquiring Lumina CloudInfra and already lists projects around Mumbai, Chennai and Hyderabad.

AirTrunk signs MoU for 1.8 gigawatts in Andhra Pradesh

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