Lodha shares in focus as Maharashtra inks ₹30,000-crore MoU for green data centre park

Shares of Macrotech Developers Ltd., also known as Lodha, will be in focus on Friday, September 12, after the Maharashtra government signed a Memorandum of Understanding (MoU) with the company to develop a ₹30,000-crore green integrated data centre park.As per the MoU, the project entails a proposed investment of ₹30,000 crore and is expected to generate around 6,000 direct and indirect jobs.

The park, with a planned capacity of 2 GWs, will host multiple leading international and domestic players.

Combined investments of over ₹30,000 crore are anticipated from Lodha and various data centre operators participating in the park. The facility will be set up in Palava.Under the state’s policy, data centres, significant consumers of electricity, will be powered by green and alternative energy sources. To begin with, three such parks will be developed in the MMR region under this programme.

“The Green Integrated Data Centre Parks policy will not only create employment opportunities, boost Maharashtra’s & Indian economy, but will also operate on clean and green energy sources benefiting generations. We at Lodha, have taken giant leaps towards sustainability and are aiming for net zero across all our operations in the coming years. We are committed to the success of the Green Integrated Data Centre Park and look forward to many such partnerships with the government, all of which enable India to become a global leader by 2047,” said Abhishek Lodha, MD and CEO of Lodha Developers.

Shares of Macrotech Developers ended Thursday’s session 0.017% higher at ₹1,181.80. The stock has declined 14% in 2025 so far.