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UAE’s Tabreed to invest $200m in Indian pharma city

By Pramod Kumar
Tabreed has partnered with India’s Telangana state government to develop cooling infrastructure for industrial and commercial parks X/@MinisterKTR
Tabreed has partnered with India’s Telangana state government to develop cooling infrastructure for industrial and commercial parks

The UAE’s National Central Cooling Company (Tabreed) will invest $200 million to develop 125,000 refrigeration tonnes (RT) of district cooling plants for Hyderabad Pharma City, according to media reports.

Tabreed has partnered with India’s Telangana state government to develop cooling infrastructure for industrial and commercial parks, Business Standard, an Indian financial news daily, reported.

Tabreed and the state government also signed a memorandum of understanding to study building district cooling infrastructure in existing and upcoming commercial districts of Cyberabad and other mixed-use developments.

Telangana urban development, industries and commerce minister KT Rama Rao said the partnership with Tabreed shows the state government’s commitment to embracing innovative and implementable solutions.

Tabreed chairman Khaled Abdulla Al Qubaisi added the company is bringing its expertise in district cooling to the world’s largest net zero pharmaceutical cluster.

“We are not only shaping the future of the industrial clusters, but setting a powerful precedent for environmental responsibility,” he added.

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