AirTrunk Files $11 Billion Plan for Two Hyperscale Data Centres in Andhra Pradesh

Blackstone-backed data centre operator AirTrunk has filed detailed plans for two hyperscale data centre campuses in Andhra Pradesh that could involve about ₹1.03 lakh crore — roughly $11 billion — of investment, in what would be one of the largest proposed digital infrastructure projects in India. The proposal, however, is still under consideration by state authorities, and the headline figure is a plan on file rather than money already committed.

AirTrunk submitted a detailed project report for the two campuses to the Andhra Pradesh government, according to an emailed statement from the company reported by Bloomberg on November 14. Together, the campuses would have a combined capacity of as much as 1.8 gigawatts. The company has also signed a memorandum of understanding with the state government, but the detailed report remains under review — meaning the investment still depends on regulatory clearances, infrastructure arrangements and the company's final development decisions.

Two campuses near Visakhapatnam

The proposed development comprises a 400-megawatt campus at Rambilli and a much larger 1.4-gigawatt facility at Tootipala, both in Anakapalli district near the port city of Visakhapatnam. No construction timetable has been disclosed, and AirTrunk has not said when the two campuses could begin commercial operations.

AirTrunk said the proposed campuses would use air-cooled technology to reduce water consumption and rely on industrial water supplies rather than municipal sources — a detail that matters in a state where power-hungry data centres are also a test of water planning. Chief Minister N. Chandrababu Naidu has said this week that the government is expanding renewable-energy capacity and strengthening water supplies to support the buildout.

A proposal, not a commitment

The distinction matters. A detailed project report is an engineering and cost document a developer files to ask for land, power and approvals; it is not a signed investment. The $11 billion figure is best read as a construction budget attached to a real filing, not a sum anyone has written cheques against. Public reporting does not show signed anchor tenants for the two campuses, and the proposal is still with state authorities.

That framing is consistent with the scale of the number. At about $6.1 per watt, the Andhra Pradesh filing sits close to the roughly $6 per watt implied by AirTrunk's wider India plan, and well below the roughly $10.7 per watt its Johor campuses in Malaysia are reported to have cost. The figure is ambitious, but it is in line with what the company says it intends to spend in the country.

Part of a much larger India bet

The Andhra Pradesh filing follows AirTrunk's announcement in June 2026 that it plans to invest about $30 billion in India by 2030 and build around five gigawatts of additional data centre capacity. The company entered India in April 2026 by acquiring Lumina CloudInfra, a Mumbai-based developer, and has since signed a letter of intent for a 3-gigawatt project in Maharashtra.

Andhra Pradesh is fast becoming a focal point for that buildout. Alphabet-owned Google is separately developing a $15 billion artificial intelligence hub in the state, and other operators have announced large commitments there, drawn by land, power incentives and the state government's push to become a data centre hub.

AirTrunk is backed by Blackstone, which completed its A$24 billion acquisition of the Australian-founded operator in December 2024, alongside the Canada Pension Plan Investment Board. The company's expansion comes as global technology infrastructure firms race to add capacity for AI workloads, and as India's data centre market — still small beside the pledges now being made — draws some of the largest cheques in the sector.

What happens next

The next step is the state government's consideration of the detailed project report. Until approvals land, power and water arrangements are settled and tenants are signed, the 1.8 gigawatts and $11 billion remain a proposal — a very large one, but a proposal all the same. For Andhra Pradesh, the filing is another sign of how quickly the state has moved to the centre of India's AI infrastructure race; for AirTrunk, it is the next concrete step in a $30 billion plan that is still being assembled, state by state.

Related: Nvidia Fallout Puts Southeast Asia's AI Boom in the Spotlight

Sources

• Bloomberg, via BusinessToday — "Blackstone-backed AirTrunk plans ₹1.03 lakh crore investment in Andhra Pradesh for two data centre campuses", November 14, 2026
• The Hindu BusinessLine — "Blackstone's Airtrunk plans to build mega data centres in Andhra Pradesh for over ₹1 lakh crore", November 14, 2026
• Economic Times (Enterprise AI) — "Blackstone's AirTrunk Eyes ₹1.03 Lakh Crore Data Centre Investment in Andhra Pradesh", November 14, 2026
• AInvest — "AirTrunk's $11 Billion India Bet Is a Construction Budget, Not Yet a Commitment", November 14, 2026
• The 420 — "Blackstone's AirTrunk Plans ₹1.03 Lakh Crore Data Centre Expansion In India", November 14, 2026