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PDG HY1 data center

Hyderabad, Telangana, India · Hyderabad market · location approximate to city level

PDG HY1 is a data center project in Hyderabad, India, operated by Princeton Digital Group. It is at the land and permitting stage. It is planned for 90 MW of IT load.

Latest change on record: entered the record as land and permitting on 25 March 2026.

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Stage
Land and permitting
Planned IT load
90 MW
Running now
Not disclosed
Operator
Princeton Digital Group
Colocation
AI workloads
Likely
Evidence grade
Corroborated
Will it get built?Long shot1 of 7 gates passed
○ Land secured○ Power arranged○ Approvals granted✓ Money committed○ Tenant or own use○ Builder appointed○ Construction started

Next gate to watch: Land secured.

Your call. Will it be built?

Build odds is ArusGrid's reading of the public record, not a forecast, a rating or advice. It counts the gates this project has passed in public sources. Private progress does not show, a passed gate can be undone, and projects that pass every gate still stop. The method has not yet been tested against outcomes. How it works.

How India approves, powers and taxes data centers is on Data center rules in India.

How well evidenced is it

Construction or financing is evidenced, or several independent signals agree. On record: named funder, three or more sources, dated source in the last 24 months. Criteria.

AI workloads

StatusLikely

Operator markets AI-ready high density.

Access to AI chips

GradeNo US licence required

This country carries no US destination-based licence requirement for advanced AI chips as the rules are enforced today. Access is a commercial matter between the project and its vendors. Criteria.

Stage history

2026-03-25Land and permitting · datacenterdynamics.com

Who is behind it

OperatorPrinceton Digital Group · Colocation
Funder, EquityWarburg Pincus
Funder, EquityOntario Teachers' Pension Plan
Funder, EquityMubadala
Funder, EquityStonepeak

Who uses the compute

Checked on 2026-10-02. No user of this capacity is on the public record. ArusGrid read the operator's releases, the landlord's and contractors' exchange filings, regulator and lender documents and interconnection records. Most colocation leases are confidential, so this says nothing about occupancy.

Money at this site

ArusGrid estimate, building costabout US$508m to US$756m

No figure has been announced. This range is 90 MW of planned IT load times a published benchmark of US$6.64 per watt for Mumbai, plus or minus 15 percent, with 10 percent more at the top for liquid cooling because the project is AI-positioned. It covers the building and its mechanical and electrical plant. It excludes land, grid works, servers and fees.

Benchmark: Turner & Townsend Data Centre Construction Cost Index 2025, as reported by Data Storage Asia. An estimate is never added to any total on the site.

Platform deals that include it

PDG US$2.5bn India commitment (MU2 and HY1)
Platform capital, 2026-03
US$2.5bn

Platform capital spans several sites. It is never added to this project's own figure.

Colocation price per kW of IT load per month

ArusGrid estimate, grade CINR 6,800 to INR 8,900 (about USD 81 to 106)

ArusGrid estimate, grade C. Published band for this country. Priced on the hyperscale band, which already reflects anchor deals. No usable capex for this site. Electricity unstated in the band. An estimate, never a quote, computed by fixed rules published on the Colo prices page and never counted in any total.

market band, hyperscale (2024-12)INR 6,800 to INR 8,900 Cushman & Wakefield for Sify Infinit Spaces, 2025-10-16
Build, land, power and water
Nothing found in public sources yet. Most contractors and utilities never name their data centre clients. Know who built it or where its power comes from? Tell us.

Sources

  1. PDG plans two more data center campuses in India, totaling 210MW (DCD, 2026-03-25)
  2. Where we operate (Princeton Digital Group, 2026-09-27)
  3. PDG breaks ground on latest Mumbai data center (DCD, 2026-04-10)

More in Hyderabad

Also run by Princeton Digital Group

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