Ahmedabad, April 30 (IANS) Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, on Thursday posted 31 per cent growth in net profit (year-on-year) at Rs 9,339 crore in FY26, from Rs 7,112 crore in FY25.Total income increased by 3 per cent to Rs 1,02,943 crore last fiscal, as EBITDA was maintained at Rs 16,464 crore.With the close of fiscal 2026, AEL has transitioned to a core infrastructure-led model, with 80 per cent of its EBITDA coming from mature, long-term and contracted bu…
Latest AdaniConneX News & Updates
Visakhapatnam, April 28 (IANS) AdaniConneX, the Adani Group’s data centre joint venture with EdgeConneX, is leading the development of a 1 GW AI-ready data centre platform in Visakhapatnam, Andhra Pradesh, it was announced on Tuesday.Backed by an investment of approximately $10 billion from the Adani Group, the project reflects the Group’s long-term commitment to building digital infrastructure at scale to support India’s next phase of growth.As the lead infrastructure partner, AdaniConneX…
Visakhapatnam, April 28 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu, along with Union Minister for Electronics and Information Technology Ashwini Vaishnaw, laid the foundation stone for the Google Cloud India AI Hub in Visakhapatnam, marking the beginning of a new era in the state’s technological journey.Google is going to invest $15 billion in the project, making it one of the largest foreign direct investments (FDIs) in India’s history.The data centre with a total capacity of…
Visakhapatnam, April 28 (IANS) For India to lead in the age of artificial intelligence (AI), it must build infrastructure at scale within the country, and this is why we have committed $100 billion to build a platform that supports India’s AI growth, Jeet Adani, Director, Adani Group, said on Tuesday.Addressing an event to lay the foundation for the Google AI Data Centre here, Jeet Adani said we are building an integrated platform across energy generation, transmission, digital networks and da…
Visakhapatnam, April 26 (IANS) Chief Minister N. Chandrababu Naidu will lay the foundation for the Google AI Data Centre in Visakhapatnam on Tuesday (April 28). According to officials, Google is going to invest $15 billion in the project, making it one of the largest Foreign Direct Investments in India’s history.The data centre will be developed across nearly 600 acres in Tharluwada, Adavivaram and Rambilli regions with a total capacity of 1 Gigawatt.The AI Data Centre is expected to mark a hi…
Ahmedabad, Feb 17 (IANS) The Adani Group on Tuesday announced one of the world’s largest integrated energy-compute commitments, a direct investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035.The initiative will establish a long-term sovereign energy and compute platform designed to position India as a global leader in the emerging Intelligence Revolution.The investment is expected to catalyse by 2035 an additional $150 billion across server ma…
Ahmedabad, Feb 5 (IANS) In a significant development, Adani Energy Solutions Limited (AESL) on Thursday became the first player in India, and perhaps globally, to have successfully delivered 1 crore electricity smart meters across discoms — with the next 1 crore projected to be delivered in the coming financial year (FY27).As India’s leading AMISP (Advanced Metering Infrastructure Service Provider), AESL has a mandate to install 2.5 crore smart meters across five states. At 25,000 per day, i…