Data centre pilot to set higher efficiency standards, give operators longer leases
Yong Jun Yuan
THE Economic Development Board (EDB) and Infocomm Media Development Authority (IMDA) have announced that they have launched a pilot data centre call-for-application exercise, with criteria aimed at ensuring the “calibrated and sustainable growth” of data centres in Singapore.
The Business Times (BT) understands that data centre operators will be able to submit proposals for up to 60MW of data centre capacity under the exercise. The pilot exercise had originally planned to split a total of 60MW of data centre capacity among 3 operators.
Successful applicants in the exercise will also be awarded 30-year leases — longer than the 20-year ones previously proposed.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
‘We’re not a bubble tea brand’: Chagee aims to double Asia-Pacific footprint to 600 stores by 2027
UMS Integration closes 10.2% higher after posting ‘strong’ double-digit sales growth in Q1