Overview
- Adani Group CFO Jugeshinder Singh said the company may invest as much as $5 billion in the Google-led project, with final terms still being negotiated.
- Google has announced a $15 billion, five-year plan for an AI data-centre campus in Andhra Pradesh that will start with 1 gigawatt of power capacity.
- Any Adani funding would flow through AdaniConnex, the joint venture between Adani Enterprises and data-centre operator EdgeConneX.
- Rival efforts are accelerating as Reliance’s Digital Connexion signed an $11 billion pact for Visakhapatnam data centres and TCS secured $1 billion from TPG for expansion.
- CBRE projects India’s data-centre investments could exceed $100 billion by 2027, and Google has committed about $85 billion this year to expand global capacity.