Shares of Adani Enterprises rose nearly 3 percent on the BSE on Tuesday, hitting an intra-day high of ₹2,252.6 after the company announced a massive $100 billion investment plan to build renewable-energy-powered, AI-ready data centers by 2035. The stock was trading 2.17 percent higher at ₹2,232 in afternoon trade, outperforming the broader BSE Sensex, which was up 0.25 percent.
The investment aims to create a sovereign, hyperscale AI infrastructure platform to position India as a global leader in the emerging Intelligence Revolution. The group said the $100 billion direct investment could catalyze an additional $150 billion across related sectors such as server manufacturing, electrical infrastructure, sovereign cloud platforms, and allied industries—building a projected $250 billion AI ecosystem over the next decade.
The plan expands on AdaniConneX’s existing 2 GW national data center capacity, with a roadmap to scale up to 5 GW. The company has partnerships with Google for a gigawatt-scale AI data center campus in Visakhapatnam and additional facilities in Noida, as well as with Microsoft in Hyderabad and Pune. It also plans to deepen collaboration with Flipkart to develop a second high-performance AI data center.
The proposed 5 GW platform will integrate renewable power generation, transmission, and high-density AI computing infrastructure, featuring advanced cooling and efficient power architecture. Part of the capacity will be reserved for Indian AI startups and research institutions.
The initiative will draw on Adani Green Energy’s 30 GW Khavda renewable project and includes further investments in battery storage and domestic manufacturing of critical power and grid components.
Adani Enterprises Surges 3% After $100 Billion AI Infrastructure Commitment
