Sify Technologies, a leading digital ICT solutions provider in India, has announced a major commitment to renewable energy for its growing data centre portfolio in India. The company recently concluded power purchase agreements (PPAs) with Vibrant Energy Holdings (“Vibrant”), a majority-owned subsidiary of Blue Leaf Energy Asia Pte and a portfolio company of Macquarie’s GIG. The PPAs contain 231MW of solar and wind energy capacity to power Sify’s latest hyperscale data centres, of which 67MW solar PPA had been signed in March 2021.
This partnership is the first step in a clear roadmap for the company to minimise its dependence on fossil fuels to power its fast-growing data centre business, dramatically reducing its carbon footprint.
Through the investment in both solar and wind energy, Sify claims it will soon be able to deliver most of the power required for its flagship data centres in Mumbai from renewable sources and intends to continue increasing renewable penetration across its nationwide footprint.
Raju Vegesna, Chairman of Sify, said: "There is an intensifying narrative about adopting green energy. We decided to lead by action, as we always have done in the ICT space. With the constantly expanding need for world-class data centre facilities to meet the burgeoning data-centric transformation of Indian businesses, we believe that investing in clean energy sources to fuel this transformation is a social imperative. Sify is proud to be doing its part to help our customers become a part of this clean energy future".
Transformation to renewable energy in the data centre space to deliver economic advantages
M P Vijay Kumar, CFO of Sify, said, "As an early adopter of ESG guidelines, Sify has constantly pushed the envelope in the data centre space. This shift to renewables will deliver clear economic advantages, but it is also about proving the viability of adopting green energy solutions at an industrial scale."
Oliver Lewis, Chairman of Vibrant Energy and Executive Director of GIG said: "We are very excited by Vibrant’s continued growth in capacity to provide green energy solutions to businesses in India, supporting India’s decarbonisation. The partnership with Sify Technologies marks a new milestone on Vibrant’s journey of providing green energy and tailored solutions to meet the growing business demand."
Talking about the partnership, Srini Viswanathan, CEO, Vibrant Energy, said: "Vibrant is honoured to partner with Sify in their journey to build sustainable data centre solutions in the Indian market. Vibrant is looking forward to continuing to work with Sify to support them in their 100% renewable energy goals."