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AI trade makes Adani energy stocks the new India proxy play
Business
Published on 8 May 2026
Green data centers are powering a fresh AI-linked rally
Adani Group’s green-powered data center investments are reshaping how investors view its energy businesses, turning them into India’s AI infrastructure proxy. As plans for AI-ready capacity expand alongside rapidly rising electricity demand, Adani’s energy stocks have outperformed the broader market. The result is a new trade narrative that links power generation to the AI boom.
- Adani’s green data center buildout is driving gains in energy units
- Investors increasingly treat these stocks as AI infrastructure proxy plays
- Rising electricity demand in India strengthens the AI power narrative
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times