Dubai-based Solstice Data has signed a Memorandum of Understanding (MoU) with the Kerala government to set up a large AI-driven data centre project worth Rs 52,600 crore at the KINFRA Industrial Park in Mattannur, in Kannur district.
Under the agreement, the company will receive 100 acres of land within the industrial park to develop its facilities, according to an official statement issued on Sunday.
The MoU was exchanged in Thiruvananthapuram between Raj Babu Thulaseedharan, Country Head (India) of Solstice Data, and Santhosh Koshy Thomas, Managing Director of the Kerala Industrial Infrastructure Development Corporation (KINFRA).
