Synopsis
Andhra Pradesh government has approved over 800 acres of land for Reliance Industries. This land in Vizianagaram district will host a Giga Scale AI Data Centre with a Cable Landing Station. Reliance plans to invest over Rs 1 lakh crore in this project. The government is also providing various incentives to support the mega project.Listen to this article in summarized format
IT Secretary Bhaskar Katamneni directed Andhra Pradesh Industrial and Infrastructure Corporation (APIIC) and Vizianagaram district administration to identify an additional acre of land suitable for the Cable Landing Station (CLS).
"The government accords approval for allotment of 854.97 acres of land in Vizianagaram district to Reliance Industries Limited, at a 25% discounted rate... the land allotment is intended for establishment of a Giga-Scale AIDC with CLS, with proposed cumulative investment of Rs 1.08 lakh crore," said Katamneni in a Government Order (GO).
Further, the government approved a host of tailor made non-fiscal and fiscal incentives, exemptions, subsidies, reimbursements, discounts, waivers and other privileges for the Rs 18.4-lakh crore conglomerate.
APIIC identified land for the mega project in Polipalli, Bhogapuram West and Bhogapuram East villages in Vizianagaram district, the GO added.