Realty firm Lodha Developers Ltd has signed an initial pact with the Maharashtra government for an additional Rs 1 lakh crore investment to build a data centre park. The company, four months ago, signed a memorandum of understanding (MoU) of Rs 30,000 crore with the state government to develop a data centre.
In a regulatory filing on Tuesday, the company said it has committed to another Rs 1 lakh crore.

On January 19, Abhishek Lodha, MD and CEO of Lodha Developers, signed an MoU with the government of Maharashtra in the backdrop of the World Economic Forum at Davos. With the additional Rs 1 lakh crore, the total commitment has reached Rs 1.3 lakh crore. "With the total investment of Rs 1.3 lakh crore on approximately 2.5 gigawatt data centre park, it is slated to be the largest in the country," Lodha Developers said.