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Vizag data centre: AdaniConneX completes Rs 1,085.51 crore purchase of a land-holding company from Adani Infra; 400 MW planned in the city

Adani Enterprises said on Sunday, 8 November that AdaniConneX has completed buying Vizag Mega Data Center Park Ltd from Adani Infra (India) for Rs 1,085.51 crore. The company has no revenue yet but holds land and licences.

Aerial view of Visakhapatnam with green hills behind dense housing, a road flyover and railway lines with long blue-roofed sheds in the foreground

AdaniConneX, the data centre joint venture of Adani Enterprises, now owns all of Vizag Mega Data Center Park Ltd, a company with no revenue whose worth lies in land and licences. Adani Enterprises told the stock exchanges on the evening of Sunday, 8 November that the Rs 1,085.51 crore cash purchase from Adani Infra (India) Ltd was complete. The deal comes as the group builds a Vizag data centre site it has put at 400 MW.

The share purchase agreement was signed on Thursday, 5 November, and Adani Enterprises set out the terms in a disclosure on Friday, 6 November. It expected the deal to close by 10 November; it was complete by 8 November. Vizag Mega Data Center Park was registered in Ahmedabad on 3 February 2026 with share capital of Rs 1 lakh and has not started any business. The company said it owns a sizeable plot and already holds key licences, which would let AdaniConneX move faster.

Bought from a promoter group company

The seller belongs to the Adani Enterprises promoter group, which controls it directly or indirectly. Even so, the company said SEBI’s listing rules do not count the purchase as a related-party deal for it, and that the price was set at arm’s length. No government or regulatory approval was needed. Neither filing gives the size of the land or where exactly it lies.

400 MW in Vizag, 406 MW in Hyderabad

The results presentation Adani Enterprises filed on 28 October lists six AdaniConneX locations. In Visakhapatnam, building work had begun on two blocks, core and shell first, against a planned 400 MW, and no capacity was running yet. Hyderabad is planned at 406 MW, second only to Navi Mumbai’s 460 MW; two phases of 9.6 MW each are finished there, so 19.2 MW is in use. Across all sites AdaniConneX had 94.6 MW running and more than 1.2 GW committed to customers.

AdaniConneX is also a partner in Google’s artificial intelligence hub in Visakhapatnam. Google announced that project on 14 October 2025, putting the investment at about $15 billion over 2026 to 2030, and broke ground at Tarluvada on 28 April 2026. The hub has three data centre campuses; AdaniConneX and Nxtra by Airtel are leading construction of the buildings. The filings on the new purchase do not say whether its land is meant for the Google project.

On its 28 October call with analysts, Adani Enterprises said most of the land for its listed data centre sites has been bought or is close to being bought, and that it expects about 500 MW of AdaniConneX capacity to be running within 18 months.

File photo. Visakhapatnam from the air. Photo: IM3847 / CC BY-SA 4.0 via Wikimedia Commons

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