More Stories

Informist, Tuesday, Feb. 17, 2026

--Adani group to invest $100 bln to develop AI-ready data centres by 2035 

--Adani group to develop 2nd AI data centre for Flipkart 

MUMBAI – Adani Enterprises Ltd. on Tuesday informed exchanges that the Adani group will make a direct investment of $100 billion to develop renewable energy-powered, hyperscale artificial intelligence-ready data centres by 2035. Further, the company said this investment is expected to "catalyse" an additional investment of $150 billion by 2035, to be deployed in server manufacturing, electrical infrastructure, cloud platforms, and allied industries. 

This vision builds on AdaniConnex expanding their existing 2-gigawatt national data centre to 5 GW, through partnerships with Google and Microsoft. With Google, the group will work to establish the nation's largest gigawatt scale AI data centre campus in Visakhapatnam, alongside additional campuses in Noida, and with Microsoft, centres would be built in Hyderabad and Pune, as per the exchange filing. The Adani group is also in discussions with other major players seeking to establish large-scale campuses across India. 

After this investment announcement, shares of Adani Enterprises rose 3% to INR 2,248.50, as compared to 1?rlier. At 1250 IST, the company's shares pared some gains and traded 2.3% higher at INR 2,234.90. 

This 5-gigawatt deployment will create the world's largest integrated data centre platform, Adani Enterprises said in the regulatory filing, adding that the centre will combine renewable power generation, transmission infrastructure and hyperscale AI compute within a single coordinated architecture.

"Unlike conventional data centre expansions, the program is designed as a unified energy-and-compute ecosystem, where generation, grid resilience and high-density processing capacity are developed in parallel," the company said. Facilities in the centre will be optimised for high-density compute clusters and next-generation AI workloads, aided by advanced liquid cooling systems and high-efficiency power architecture, Adani Enterprises said. There would be dedicated compute capacities to support Indian large language models and national data initiatives, ensuring long-term data sovereignty. 

Further, the group will also deepen its partnership with Flipkart to develop a second AI data centre with the purpose of supporting the latter's digital commerce, high-performance computing, and large-scale AI workloads.

As global AI workloads become increasingly energy-intensive, the Adani group will provide competitively priced, carbon-neutral power. Central to this is Adani Green Energy Ltd.'s 30 GW Khavda project, of which over 10 GW is already operational. In addition to this, the group will invest another $55 billion to expand its renewable energy portfolio, which will also include battery energy storage systems. Connectivity through cable landing stations will be ensured through Adani's network of ports, ensuring low-latency global integration with the US, Europe, Africa, and Asia, the company said. 

To reduce exposure to global supply-chain volatility, the Adani group will also co-invest in domestic manufacturing partnerships of infrastructure components such as high-capacity transformers, power electronics, grid systems, inverters, and industrial thermal management solutions, Adani Enterprises said. Further, the group will actively participate in partnerships across the full stack and a significant portion of graphics processing unit capacity will be reserved for Indian AI start-ups, research institutions, and deep-tech entrepreneurs, alleviating compute scarcity and fostering a domestic innovation ecosystem, the company said.

For the quarter ended December, Adani Enterprises reported a consolidated net profit of INR 56.27 billion, including a one-time income from the AWL Agri stake sale. Excluding the one-time income, the company would have reported a net loss of INR 50.7 million. The consolidated revenue of the company for the quarter was INR 248.20 billion.

US$1 = INR 90.72

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

Reported by Gopika Balasubramanium

Edited by Tanima Banerjee

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2026. All rights reserved.