ReNew Signs Rs 70,000 Cr Data Centre Pact in Maharashtra

ReNew Wind Energy Private Limited has signed a memorandum of understanding with the Government of Maharashtra.

It is a wholly owned subsidiary of ReNew Private Limited. The MoU covers a proposed Rs 70,000 crore Green Integrated Data Centre Park in the Mumbai Metropolitan Region (MMR). The MoU was signed on Thursday, October 8.

The park is planned with a capacity of 750 MW. It is proposed across locations including Panvel, Khalapur, Taloja, and Bhokharpada in Navi Mumbai and the wider MMR. Development is expected to begin in phases from 2028.

Jobs and Government Support

The project is expected to generate around 7,000 employment opportunities. This includes over 2,000 direct jobs.

P Anbalagan, IAS, signed the MoU on behalf of the state government.

He is Principal Secretary of the Industries, Investment and Services Department, and CEO of Invest Maharashtra. ReNew's Maharashtra state head signed for the company.

The agreement provides for the state government to facilitate necessary approvals, clearances, registrations, and applicable fiscal incentives.

A Focus on Green Power

A key feature of the project is its focus on integrating renewable energy. The park is expected to use 51 percent green power for its operations.

It will also include dedicated power infrastructure. This will have two incoming feeders from independent sources to ensure reliable supply.

Also Read: India's Data Centre Boom Is Now a Real Estate Story Too

Alignment with Maharashtra's Goals

ReNew said the investment aligns with Maharashtra's ambition to become a $1 trillion economy by 2030. It is expected to support growth in sectors such as data centres, semiconductors, and clean energy. It is also expected to attract associated infrastructure investments.

• ReNew's current energy portfolio in Maharashtra: around 2.5 GW
• Investment in the state to date: approximately Rs 15,000 crore
• Proposed park capacity: 750 MW

Also Read: India's Data Centre Capacity to Hit 6 GW by 2029: JLL

Maharashtra's Green Data Centre Policy

Maharashtra approved the establishment of Green Integrated Data Centre Parks in October 2024. It became the first state in India to introduce a special policy for such parks.

The policy requires each park to have a minimum capacity of 500 MW. It also requires a minimum capital investment of Rs 30,000 crore. Incentives under the policy extend up to 20 years.

The ReNew project marks an expansion of the company's presence in Maharashtra.

It moves beyond its existing energy portfolio into green-powered digital infrastructure, combining large-scale data centre capacity with renewable energy integration.

As with any MoU, the Rs 70,000 crore figure is a proposed investment and not capital that has already been deployed.

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