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J.P. Morgan loans $200m towards CapitaLand India Trust data centre project

Construction of the data centre has commenced and is scheduled for completion by mid-2025.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

November 13, 2023 | 11:04 PM GMT

J.P. Morgan loans $200m towards CapitaLand India Trust data centre project

Sanjeev Dasgupta, Chief Executive Officer of CapitaLand India Trust Pte. Ltd. (the Trustee-Manager of CLINT). Source: CapitaLand

The Tech Capital

CapitaLand India Trust (CLINT) has secured a five-year construction loan of INR13 billion (approximately S$214 million) from J.P. Morgan India to finance phase 1 development of its data centre in Navi Mumbai. 

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João Marques Lima

Founder and Editor, The Tech Capital

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