CtrlS Building Data Center Capacity Rivaling India's Entire History

shashib · x · 2026-07-30

Indian data center operator CtrlS currently operates around 370 megawatts of capacity with 4.4 gigawatts under development, a buildout nearly equal to what India has constructed over the past three decades.

CPP Investments recently announced a $740 million partnership with CtrlS, combining an equity stake purchase with commitments to a joint venture for new campuses. The article highlights that CtrlS initially financed its growth through customer prepayments rather than debt. However, the primary bottleneck for India's AI capacity expansion is no longer capital, but an overwhelmed power grid that has yet to catch up with the rapid pace of construction.

Related event: Canadian Pension Fund Invests $740M in Indian AI Data Centers(2 posts)→

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