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Portfolio record · Verified 26 Oct 2026

STT GDC Noida city portfolio — Uttar PradeshSTT GDC India · Noida · 63 MW headline IT capacity against 67 MW of building cards

Record PRJ-119Uttar Pradesh — NoidaTier D — operator aggregate6 public sources checkedAdditive: no — counts 0 MW
Headline does not reconcileIT capacity statedIncludes constructionPortfolio aggregate
63MW
Headline IT capacity
67MW
Sum of three cards
+4MW
Unexplained difference
39MW
Labelled under construction
35MW
Noida 1 scalability claim
0MW
Counted in this registry

STT GDC states 63 MW of IT capacity for its current Noida portfolio. Its three building cards read 17, 22 and 28 MW, which sum to 67. Two of the three are labelled under construction, and a separate narrative describes Noida 1 as scalable to 35 MW. So the headline is neither the sum of its parts nor a statement of operating capacity. This is the only STT portfolio that fails to reconcile — Mumbai’s six cards add to its 133 MW exactly — which makes it the right place to document what the whole operator set looks like.

1At a glance

Operator
STT GDC India
Scope
Noida city portfolio, Uttar Pradesh
Headline
63 MW of IT capacity — basis explicitly IT, which is rare in this file
The three cards
Noida 1 17 MW, Noida 2 22 MW, Noida 3 28 MW — a sum of 67
The difference
+4 MW unexplained. No published perimeter for the headline
Construction status
Noida 1 and Noida 2 are labelled under construction; Noida 3 is stage unverified
Noida 1 scalability
A separate narrative puts Noida 1 at up to 35 MW, which would take the three cards to 85
Not the same as
The legacy Noida and Greater Noida parks proposal recorded as PRJ-022, which is unreconciled and kept separate
Additivity
Not additive. Counted at 0 MW

2Sixty-three against sixty-seven

An aggregate four megawatts off its own components is not a rounding error five years into a portfolio. It is a perimeter that nobody has written down.

Headline as publishedcurrent Noida city portfolio63 MWNoida 3largest card, stage unverified28 MWNoida 2under construction22 MWNoida 1under construction, and 35 MW in a separate narrative17 MWThree cards sum to 67 MW against a 63 MW headline, and two of the three are labelled under construction.
Figure 1The headline in red against the three cards beneath it. Note that 39 of the 67 card megawatts are labelled under construction.
Three possible perimeters
If the headline meansThenWhy it matters
All three buildings at full design67 MW, and the headline is 4 MW shorta stale headline on a page that was updated for cards
Only what is operating28 MW or less, if Noida 3 is the only standing buildingthe headline overstates operating capacity by more than 2×
A contracted or allocated figure63 MW of sold or reserved capacity across buildingsthen the cards and the headline measure different things entirely

The third reading is the most likely and the least useful. A capacity figure that measures what has been sold cannot be compared with building cards that measure what has been designed, and nobody outside the company can tell which of the three readings applies.

What can be said with confidence: two of the three buildings are labelled under construction. So a headline presented as the current Noida portfolio includes at least 39 MW that does not yet exist, and the 63 MW should not be read as Noida supply today.

3The Noida cards, unrounded

Each card taken on its own, with what is and is not said about it.

The three Noida buildings
BuildingMWStageOther figure in public
Noida 117under constructionscalable to 35 MW in a separate narrative
Noida 222under constructionnone
Noida 328unverifiednone
Sum67—85 if Noida 1 is read at 35
Headline63current portfoliono perimeter stated

The 35 MW narrative is the dangerous one. Applied, it makes the three cards 85 MW against a 63 MW headline — a 22 MW gap — and it would make Noida 1 the largest building in the portfolio, ahead of Noida 3 at 28.

This registry keeps 17 MW as the card value and records 35 as a scalability claim in the notes. That is the conservative choice, and it is the only defensible one when a company publishes two numbers for one building without saying which supersedes which.

4Eight cities, one that reconciles

Noida is not an isolated error. Checked across the whole Indian estate, STT publishes eight city portfolio headlines and around thirty building cards, and only one city adds up exactly.

Every STT city portfolio, headline against cards
CityHeadlineCardsDifferenceVerdict
Mumbai1331330exact
Noida6367+4unexplained
Pune4081+41cards double the headline
Bengaluru2322.6−0.4rounding
Kolkata990exact
Hyderabad64−2short
Chennai6861−7short
Delhi1211.9−0.1rounding
Total354389.5+35.5cards overshoot by 10%

Two cities reconcile exactly. Two are within rounding. Four do not reconcile at all, and Pune is the outlier — its five cards add to 81 MW against a 40 MW headline, which is not a perimeter problem but a factor-of-two one.

Across the estate the cards sum to 389.5 MW against 354 MW of headlines — a 10% overshoot. For a company whose published aggregates are cleaner than most in this file, that is a meaningful finding: the building cards are the trustworthy layer, not the headlines.

The rule this page proves

Where an operator publishes both a city headline and building cards, use the cards. They reconcile to real buildings and can be checked; headlines are perimeters that nobody has defined.

Gridvik publishes the cards and treats the headline as a ceiling. That is why this registry’s Mumbai total for STT is six itemised buildings rather than one 133 MW number.

5What this does to the state total

Uttar Pradesh counts 331.1 MW across 24 records. STT’s 63 MW Noida portfolio contributes none of it.

STT against the registries
MeasureFigureReads as
STT published city portfolios, all India354 MWeight cities
STT counted in this registry10 MWAhmedabad 1 and Jaipur 1 — the only two additive STT records
STT Noida headline63 MWcounted at zero
Uttar Pradesh counted capacity331.1 MW24 records, none of them STT
STT as a share of counted UP0%despite claiming 63 MW in Noida
STT share of published India portfolios—counted 10 of 354 MW, or 2.8%

Two point eight per cent of STT’s published Indian footprint appears in this registry’s total. The reason is structural rather than editorial: every STT city portfolio and every building inside one is flagged non-additive, so the rule that prevents double counting excludes the operator almost entirely.

That is a defect in this registry and it is documented on the pages rather than hidden. The fix is a data-model change — count the facility, hold the aggregate as a ceiling — and until it is made, any total quoted from this file understates Indian capacity by the whole of STT, CtrlS Mumbai, CtrlS Kolkata and NTT’s campus portfolios.

6Procurement

Procurement window and scope
Gridvik assessment · 22 Oct 2026
What to buy here
The perimeter behind the 63 MW and the delivery dates for two buildings that are already counted in it
Who holds the answer
STT GDC India commercial team; the KKR and Singtel transaction documents for the asset schedule
The one question
Does the 63 MW include buildings under construction, and when do Noida 1 and Noida 2 deliver
Why they will answer it
Noida is the tightest submarket in north India and a 39 MW delivery date resets pricing for everyone
Gridvik estimate
The headline is a design or contracted figure covering all three buildings, and the pair delivers through 2027. Labelled an estimate
What changes it
A defined perimeter, or a commissioning date for either building
All estimates are labelled as estimates. No tender dates claimed, no private contact data published.
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7Limits and open questions

  • Perimeter undefined. The +4 MW cannot be resolved from public material.
  • Two numbers for Noida 1. 17 MW on the card, 35 MW in a narrative, no statement of which governs.
  • Construction included in a current figure. 39 of the 67 card megawatts are labelled under construction.
  • No racks, floor area or PUE for any Noida building.
  • Not linked to the legacy parks proposal. PRJ-022 is a separate, unreconciled record and is not merged here.
  • What would close it. A defined perimeter for the headline. One sentence.

8Sources

Sources: STT GDC India Noida city page, STT GDC India facility pages for Noida, STT GDC India corporate site, Data Center Dynamics on the KKR and Singtel acquisition, and Indian market commentary on the Noida and Greater Noida data centre market.