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Adani Enterprises gains 3% on $100 billion AI infrastructure investment announcementAdani Enterprises announced a $100 billion investment for AI infrastructure in India by 2035, deepening partnership with Flipkart, Google, and Microsoft, boosting shares and expanding renewable energy projects.By Gareema Bangad  February 17, 2026, 1:16:29 PM IST (Published)3 Min ReadShares of Adani Enterprises Limited rose as much as 3% after the company announced a $100 billion direct investment to build sovereign, renewable-energy-powered AI infrastructure in India by 2035.

In a media release filed with the exchanges on Tuesday, February 17, Adani Group said the commitment is among the world’s largest integrated energy-compute investments and will establish India’s long-term “energy-compute backbone” for the AI age.

The company said the initiative is expected to catalyse an additional $150 billion across server manufacturing, advanced electrical infrastructure and sovereign cloud services over the next decade, creating a projected $250 billion AI infrastructure ecosystem in India.

Gautam Adani, Chairman of the Adani Group, said the world is entering an “Intelligence Revolution” and nations that master the balance between energy and compute will shape the next decade. He added that India is uniquely positioned to lead and that the group is expanding across "the complete five-layer AI stack focused on India's technological sovereignty."

The roadmap builds on AdaniConneX’s existing 2 GW national data centre platform, with plans to scale up to 5 GW of AI-ready data centre capacity. The company said it will integrate renewable power generation, grid resilience and hyperscale AI compute within a unified architecture, designed specifically for high-density AI workloads.

Plans to build on existing partnerships

As part of the expansion, the group also plans to deepen its partnership with Flipkart to develop a second high-performance AI data centre. The move aims to support next-generation digital commerce and large-scale AI workloads, Adani Enterprises said.

Additionally, the initiative builds on existing partnerships with Google and Microsoft to establish gigawatt-scale AI data centre campuses across India, including Visakhapatnam, Noida, Hyderabad and Pune.

A significant portion of GPU capacity from the new facilities will be earmarked for Indian AI startups, research institutions and deep-tech innovators. The group also plans to collaborate with academic institutions to build specialised AI infrastructure engineering programmes and applied research labs.

The investment will be powered by Adani Green Energy’s renewable portfolio, including the 30 GW Khavda project, part of a broader $55 billion renewable energy expansion plan, which will include one of the world’s largest battery energy storage systems.

The Adani group will also co-invest in domestic manufacturing of critical components such as high-capacity transformers, power electronics, grid systems and industrial thermal management solutions to reduce supply-chain risks and boost local capability.

For the December quarter, Adani Enterprises Ltd reported an over two-fold jump in consolidated net profit at ₹1,888.45 crore from ₹820 crore in the year-ago period. Revenue rose 6.5% year-on-year to ₹28,336 crore from ₹26,612 crore last year. The company's EBITDA surged 98% YoY to ₹3,227.7 crore, and EBITDA margin improved to 11.4%.

Following the announcement, shares of the company rose about 3%, reaching the intraday highs of ₹2252, but the stock has since pared some of its gains and is trading at ₹2,230.90 as of 12.57 pm, still 2.12% above Monday's closing price. While the stock is in green for the second consecutive session, it has gained only 4.66% in the past month.

Shares of Adani Green Energy also gained and were trading 1.69% up at ₹1,008 as of 12.58 pm. The stock has gained 10.21% in the past month.Continue ReadingTagsAdani EnterprisesAdani Enterprises share priceAdani Green Energyartificial intelligence AIcapital expenditureshare market today