The National Payment Corporation of India (NPCI), the umbrella organisation for operating retail payments and settlement systems in India, will be setting up its own tier IV, smart data center at an investment of Rs 500 crore at Narsingi, Hyderabad.
To be built as per international standards, the data center will host critical data and services under the government’s Digital India initiatives and make Hyderabad a major hub for processing payments with a capacity of handling around 4,000 million transactions per month worth around Rs 15 lakh crore.
It will have up to 99.995 per cent availability and will comply with full redundant infrastructure (N+N) standards, enabling it to withstand natural calamities like earthquake and cyclones. The eco-friendly data centre will sport a modular design for higher sustainability and will adopt green building features like rain water harvesting and solar panels. Larsen & Toubro has been roped in a turnkey contractor for the project.
NPCI managing Director and CEO Dilip Asbe said: “Our focus will always remain on enhancing acceptance infrastructure for digital payments so as to encourage customers towards digital transactions to achieve RBI and government’s less cash objective. With the smart data center, we are happy to create more employment .”
NPCI chose Telangana as it houses one of the fastest growing IT corridors in the country, has a geographically central location, has adequate availability of qualified manpower, network and infrastructure, stated a release issued by the office of Telangana IT & industries minister KT Rama Rao. He laid the foundation stone of the data centre on Thursday. The setting up of Hyderabad’s first tier IV data centre by NPCI will add to Telangana’s brand equity and help it attract investments in information and communication technology, the release said.
The smart data centre will be built using an Internet of Things (IoT) based building management system that will be equipped with an eight-layer security system.