HomeBusiness ›AM Group Secures LoI from YEIDA for Land Allocation for First 350 MW of 1 GW AI Compute Hub in UP

AM Group Secures LoI from YEIDA for Land Allocation for First 350 MW of 1 GW AI Compute Hub in UP

AM Group announced that its affiliate AM AI Labs has received a letter of intent from Yamuna Expressway Industrial Development Authority for land allocation to develop the first two phases, comprising 150 MW and 200 MW, respectively, of its proposed 1 GW AI compute hub in Uttar Pradesh.

February 19, 2026. By Mrinmoy Dey

AM Group, an energy transition platform backed by the founders of Greenko Group, has announced that AM AI Labs, an affiliate of the AM Group, has received a letter of intent from the Yamuna Expressway Industrial Development Authority (YEIDA) towards allocation of land parcels to establish the first two phases of its proposed 1 GW High Performance AI Compute Hub in Uttar Pradesh.

The first two phases comprise 150 MW and 200 MW, respectively, of the cumulative 1 GW AI and High-Performance Computing data centre in UP, the company said.

In January 2026, AM Group signed a Memorandum of Understanding (MoU) with Invest UP, Government of Uttar Pradesh (UP), at Davos, Switzerland, to establish a 1 GW High Performance Compute Hub.

The company said that 350 MW compute capacity will come online by 2028, with full 1 GW online by 2030, translating into USD 25 billion investment and deployment of ~500,000 high-performance chips.

When fully realised, it will be the world’s first and largest fully vertically integrated AI platform, spanning owned carbon-free power, data centre infrastructure, high-performance chips, a complete software stack, applications, and flexible consumption models from AI Pods as a Service to Tokens as a Service, the company claimed.

One of the key features of the project is firm and on-demand carbon-free energy at significantly below global rates, enabled by renewables and strategic pumped storage assets managed through an in-house intelligent cloud energy architecture.

It further added that every layer from energy generation through data centre design, liquid cooling, interconnect topology, accelerator selection, and software is engineered together, resulting in the most competitive electrons to tokens economics.

The project is expected to attract significant foreign direct investment and generate thousands of high-skilled jobs, positioning Uttar Pradesh as India’s premier AI infrastructure destination, the company stated.
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