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The Adani Group today announced one of the world's largest integrated energy-compute commitments, a direct investment of USD 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 USD 150 billion across server manufacturing, advanced electrical infrastructure, sovereign cloud platforms and supporting industries. Together, this is projected to create a USD 250 billion AI infrastructure ecosystem in India over the decade.
This roadmap builds on AdaniConnex's existing 2 GW national data centre, expanding toward a 5 GW target that positions India at the epicentre of the global AI economy. This vision is anchored by landmark partnerships with Google to establish the nation's largest gigawatt scale AI data centre campus in Visakhapatnam, alongside additional campuses in Noida, and with Microsoft spanning Hyderabad and Pune. The Adani Group is also in discussion with other major players seeking to establish large scale campuses across India thereby further cementing its position as India's premier AI infrastructure partner.
In line with this vision, the Group will also deepen its data centre partnership with Flipkart, advancing the collaboration toward the development of a second AI data centre purpose built to support Flipkart's next-generation digital commerce, high-performance computing and large-scale AI workloads.
Bajel Projects announced the signing of a landmark Joint Venture (JV) agreement with Al Sharif Contracting and Commercial Development Company (ASC). ASC is a part of Al Sharif Group Holdings and one of the leading EPC contractors & manufacturers. This partnership marks a significant milestone in Bajel's international expansion strategy, positioning the company to participate in the significant infrastructure transformation currently underway in the Kingdom of Saudi Arabia.
The Joint Venture is built on a foundation of equal partnership, between Bajel Projects and Al Sharif Contracting and Commercial Development Company. The JV will be established specifically to undertake Engineering, Procurement, and Construction (EPC) business within Saudi Arabia, focusing on:
Commenting on the Joint Venture agreement, Rajesh Ganesh, MD & CEO, Bajel Projects, said: The signing of this Joint Venture agreement with Al Sharif Contracting and Commercial Development Company is a defining moment for Bajel Projects as we strategically expand our presence outside India. Saudi Arabia is currently witnessing an unprecedented infrastructure surge. This partnership enables us to bid for complex, extra high-voltage inter-regional corridors and substations that are vital to Saudi Vision 2030 and beyond. BAJEL is excited and looking forward to contributing to the grand vision of the Kingdom”.