Archive · 26 Jul 2026
CtrlS Secures Rs 5,500 Crore for Hyderabad Data Centre
CtrlS Datacenters has secured ₹5,500 crore in loans from the State Bank of India and the Central Bank of India for a large data centre project in Hyderabad.
This project is part of a bigger plan to build 3.5 GW of data centres, which will be used for AI and cloud services.
The company has also received a big investment from the Canada Pension Plan Investment Board.
The data centres will have advanced features like liquid cooling and strong power systems.
The project is already starting, and the buildings are expected to be built in the next six months.
This project is important for making Hyderabad a major centre for AI and digital services in India.
CtrlS Datacenters secured ₹5,500 crore in debt financing from SBI and Central Bank of India for a data centre project in Hyderabad.
The project includes 3.5 GW of data centre campuses, primarily for AI and cloud services.
Phase 1 of the project is already under execution, with foundations completed and buildings expected in the next six months.
CtrlS also secured a ₹7,000 crore investment from the Canada Pension Plan Investment Board for expansion.
The data centres will feature advanced liquid-cooling, resilient power systems, and sustainability features.
- Who
- CtrlS Datacenters, State Bank of India (SBI), Central Bank of India, Canada Pension Plan Investment Board (CPPIB)
- What
- Securing of ₹5,500 crore in debt financing for a data centre project in Hyderabad
- When
- Recently, with the project already under execution
- Where
- Hyderabad, India
- Why
- To support the growing requirements of hyperscalers, cloud providers, AI platforms, and enterprise customers, and to position Hyderabad as a leading AI infrastructure hub
Pro-Expansion View
Cautious View
Project Scale and Impact
Pro-Expansion View
The project is a significant boost to India's digital infrastructure, positioning Hyderabad as a leading AI hub.
Cautious View
The massive scale of the project raises concerns about the financial and operational risks involved.
Financing Structure
Pro-Expansion View
The transition from project finance to lease rental discounting (LRD) is a strategic move to optimize financial efficiency.
Cautious View
The transition to LRD could introduce complexities and potential risks in the long-term financial stability of the project.
- Total Funding
- ₹5,500 crore
- SBI Loan
- ₹4,000 crore
- Central Bank of India Loan
- ₹1,500 crore
- CPPIB Investment
- ₹7,000 crore
- Project Location
- Hyderabad, India
- Project Capacity
- 3.5 GW
- Expected Completion
- Next six months