BlockBeats News, June 19th, according to Reuters, India's diversified real estate and investment company RMZ plans to expand its data center capacity to 2 to 3 gigawatts over the next five years as part of its $35 billion investment plan, a senior company executive said.

Headquartered in Bangalore, RMZ currently has a capacity of 250 megawatts. Deepak Chhabria, President of RMZ's Infrastructure Division, said in an interview that the company is currently in the final stages of negotiation for three data center projects, which will increase the total capacity to over 1 gigawatt upon completion.

He also added that the company plans to acquire land by the end of this year, which can support future data center capacity of about 2 gigawatts.

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