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NTT Noida 2 campus

Noida, Uttar Pradesh, India · NCR market · location approximate to city level

NTT Noida 2 campus is a data center project in Noida, India, operated by NTT Global Data Centers. It is operational. It is planned for 53 MW of IT load. The operator reports 22 MW running.

Latest change on record: moved to operational on 11 January 2024.

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Stage
Operational
Planned IT load
53 MW
Running now
22 MW
Operator
NTT Global Data Centers
Colocation
AI workloads
Confirmed
Evidence grade
Verified
Will it get built?Built7 of 7 gates passed
✓ Land secured✓ Power arranged✓ Approvals granted✓ Money committed✓ Tenant or own use✓ Builder appointed✓ Construction started

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

Running capacity. The site is operational or expanding. On record: named funder, dated, sized phase, three or more sources, dated source in the last 24 months. Criteria.

AI workloads

StatusConfirmed

NTT release 2024 to 01 to 11 states liquid immersion and direct liquid cooling deployed for AI and HPC platforms at the first building.

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.

Phases

Building 1 · Operational22 MW, target 2024
Building 2 · Announced30 MW

Stage history

2022-12-20Under construction · projectstoday.com
2024-01-11Operational · services.global.ntt

Who is behind it

OperatorNTT Global Data Centers · Colocation
Funder, EquityNTT DATA

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$298m to US$443m

No figure has been announced. This range is 53 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.

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
Land
Site6 acres · Jan 2024 Reported source ↗
Site area only.
Water and cooling
CoolingAir cooled Reported source ↗
Air-cooled chillers backed by thermal storage tanks.
CoolingAir cooled Confirmed source ↗
The operator page for Noida 2 specifies air-cooled chillers with continuous cooling and thermal storage tanks. Held notes carry only the IFC platform statement on air-cooled chillers, so this is the first site-specific source.

Sources

  1. NTT Expands India Footprint with New Data Center Campus in Noida (NTT, 2024-01-11)
  2. NTT launches second Noida campus in India (DCD, 2024-01-12)
  3. NTT Launches Noida 2 Data Center Campus, Bolstering India's IT Capacity to 52.8 MW (Telecom Review Asia, 2024-01-12)
  4. Noida 2 Data Center (NTT DATA)
  5. NTT to build 70MW data center in Noida, India (DatacenterDynamics, 2021-01-25)
  6. NTT India Loan (IFC, 2026-06-22)
  7. Civil work is in progress for NTT's data centre project (ProjectsToday, 2022-12-20)
  8. G NOIDA: JAPAN FIRM TO SET UP DATA CENTRE WITH INVESTMENT OF ₹1,000 CRORE (Hindustan Times (Noida), 2021-01-27)
  9. NTT Global Data Centers Del2 Private Limited: Rating reaffirmed (ICRA, 2025-06-23)
  10. NTT Global Data Centers Del2 Private Limited: Rating reaffirmed (ICRA, 2026-06-08)

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