India’s data-centre allure: costs at least a third lower
“We think the real advantage emerges at the effective power cost level, where open access, renewable PPAs (power purchase agreements), and captive sourcing can reduce costs to ~6–7 USc/kWh. This brings India closer to the lowest-cost global benchmarks while benefiting from stronger demand depth, scalability, and a more mature colocation ecosystem,” said the Nomura report.
