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Maverick Investments Limited, backed by UAE-based Siraj Holdings, and Henox IT and Data Centers have announced the first phase of Project Horizon in Tamil Nadu. The plan includes a 100 MW green data centre, a cable landing station and a renewable energy facility. Siraj Holdings has approved an initial equity infusion of INR 200 crore, while a platform is being developed to raise up to INR 50,000 crore over the project lifecycle. The project is structured in phases, with site due diligence, regulatory filings and partner discussions currently underway.
Maverick Investments Limited, part of the UAE-based Siraj Holdings Group, along with Henox IT and Data Centers, has set out the first phase of Project Horizon, a multi-year infrastructure programme planned for Tamil Nadu. The proposal covers the development of a 100 MW green data centre, a cable landing station and a linked renewable energy facility. As part of the initial step, Siraj Holdings has cleared an equity infusion of INR 200 crore for the data centre segment. Advertisement
Alongside the initial capital, the partners are preparing a structured investment platform aimed at mobilising up to INR 50,000 crore over the life of the project. This capital is expected to be raised in phases through a mix of equity participation, partner contributions and institutional funding, aligned with project milestones.
Tamil Nadu has been selected as the preferred location due to its established subsea cable landing ecosystem, relatively stable power availability and growing requirement for high-density computing capacity. The state already hosts multiple landing stations and data infrastructure, which supports the plan to integrate connectivity, compute and clean energy within a single operating framework.
Maverick Investments chairman, Khadeer Peer Shariff, indicated that the approved INR 200 crore marks the starting point for a renewable-integrated 100 MW data centre in the state. He noted that the group's experience in developing essential infrastructure assets has shaped the sequencing of the programme, with an emphasis on governance standards and operational clarity at each stage.
The project is structured to roll out in phases. Several sites have been shortlisted and are currently undergoing final due diligence. Technical design, environmental studies and regulatory filings are underway across the telecom, maritime and energy segments. Discussions with subsea cable operators, engineering and procurement contractors, and renewable energy developers are progressing, with further disclosures expected once statutory approvals and commercial agreements are formally completed.
Henox IT and Data Centers chief executive Shaktivel K stated that the initiative is designed to combine compute, connectivity and clean energy in a single architecture. According to him, the data centre is being engineered to handle high-density AI workloads, with resilience built into its operational design. The cable landing station and renewable power integration are intended to support stable and sustainable performance for enterprise and cloud customers.
Project Horizon also includes a dedicated solar-based renewable energy facility, planned to supply a significant portion of the data centre's power needs through a structured power purchase agreement. The data centre itself is proposed as an AI-ready facility with liquid-cooling capability, layered redundancy and renewable integration, while the cable landing station is being evaluated with international partners to strengthen regional connectivity and bandwidth capacity.
The developers expect the project to create employment during construction as well as long-term technical roles once operational. Assessments related to job creation, procurement impact and sustainability outcomes are in progress and are to be shared after regulatory processes conclude and timelines receive formal clearance.
Maverick Investments serves as the infrastructure and investment arm of Siraj Holdings LLC, which is part of the Abu Dhabi-based Al Otaiba Group. Siraj Holdings has business interests across manufacturing, energy, telecommunications, technology and real estate, with a stated focus on long-term infrastructure assets. Henox IT and Data Centers, headquartered in Gandhinagar, Gujarat, is a relatively new entrant in the digital infrastructure space and is building carrier-neutral colocation and edge facilities, with its initial presence anchored in GIFT City.
Source PTI
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