Telangana delegation with UPC Volt at World Economic Forum (WEF) meeting in Davos, Switzerland
| Photo Credit: BY ARRANGEMENT
UPC Volt, a joint venture between Netherlands-based partners UPC Renewables Group and VOLT Data Centres, has announced its decision to establish 100 MW AI ready data centre at the Bharat Future City, on Hyderabad outskirts.
The project will be supported by a 100 MW RTC renewable energy project facility, with the intention of ensuring that digital infrastructure is powered by carbon-free energy. This facility is estimated to require an investment of ₹5,000 crore over a five-year period. It is expected to create more than 3,000 direct & indirect jobs during construction and over 800 direct and indirect jobs during operation.
The Telangana Rising delegation led by Chief Minister A. Revanth Reddy clinched the deal during a meeting with the UPC Volt leadership in Davos on Thursday (January 22, 2026). A Memorandum of Understanding (MoU) was signed in this regard, and the facility would be integrated with renewable energy sourcing under Telangana’s green open access framework, enabling a sustainable and power first operating model.
The Telangana Rising delegation engaged in a positive dialogue with Volt CEO Han de Groot; UPC Renewables APAC co-founder Steven Zwaan and UPC Renewables India CEO Alok Nigam in Davos. The Chief Minister said the State Government was committed to pursuing the goal of reaching $3 trillion economy by 2047 by building high-calibre digital infrastructure along the roadmap for achieving net zero development.
Industries and IT Minister D. Sridhar Babu said the State was aggressively pushing to become a global AI data centre hub through incentives for components like high-density GPUs, large scale training compute and liquid cooling. Accordingly, Telangana was creating three distinct economic zones dedicated to service sector, manufacturing and agriculture.
Published – January 22, 2026 04:09 pm IST
