CtrlS faces milestone test that could hand CPP a bigger stake
CPP Investments can raise its stake in CtrlS to 10.3% if the company misses key power and customer milestones at its Hyderabad and Mumbai data centres, highlighting execution risks in India's data centre expansion.
The News Flicker
CPP Investments can raise its stake in CtrlS to 10.3% if the company misses key power and customer milestones at its Hyderabad and Mumbai data centres, highlighting execution risks in India's data centre expansion.
Hidden safeguard CtrlS has two planned data centres in Hyderabad and Mumbai. For the Hyderabad facility, the company must obtain electricity from Telangana's transmission utility and ensure that Am…
Originally published by Livemint. Read the full article →
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