STL bags Rs 250 crore data centre deal from public sector entity in India

Homegrown optical and digital solutions provider STL Thursday said the company has won a multi-year agreement worth Rs 250 crore with a public sector entity to design, build, commission, and maintain two data centre facilities. The deployments will happen across multiple network sites in India.

STL, however, did not name the said public sector entity.

STL will be further responsible for three years of operations & management to ensure the reliable functioning of the envisaged project.

“This critical project will require seamless operations, 24X7 availability and a high level of intelligence to facilitate mission-critical business applications,” the company said.

The Indian data centre market is projected to grow from ~US$ 5.6 billion to ~US$ 8 billion by 2026, according to a report by ASSOCHAM-EY.

“I am confident that our data centre connectivity and maintenance solution will integrate intelligent infrastructure, real-time monitoring, disaster management and troubleshooting. It will provide a secure, reliable, seamless digital infrastructure for the customer’s operations,” said Praveen Cherian, CEO-Global Services Business, STL.