KKR, Singtel and Tata Communications put data centre company STT GDC India up for sale at over $5.5 billion

Mumbai: Private equity group KKR, Singtel and Tata Group, the key shareholders of STT Global Data Centres India Private Ltd (STT GDC India) are initiating plans to sell their local operations – among the top 3 co-location providers – to unlock value, said people in the know. This will be the first time such a large portfolio is up for grabs in India to capitalise on the global deals rush as hyper scalers and data centre infrastructure providers are frenetically building capacity.

STT GDC, currently has 34 data centres spread across 10 centres in the country with a total capacity of 613 MW.