Gautam Adani Declares US Legal Scrutiny Closed, Accelerates Capital Push for AI-Led Growth

Gautam Adani declared the Adani Group has fully resolved its US legal scrutiny, clearing the way for a major push into AI-led growth. In his annual letter for fiscal year 2026, Adani stated the permanent dismissal of US criminal charges—due to lack of jurisdiction and insufficient evidence—enables the conglomerate to prioritize expansion in energy, logistics, and digital infrastructure. The group is investing heavily in physical and digital assets to support global AI adoption, emphasizing that energy infrastructure must precede technological advancements. Adani highlighted a Rs 1.5 lakh crore ($18.3 billion) capital expenditure program for 2025-26, funding expansions across Adani Green Energy, Adani Power, and digital platforms. Adani Green Energy added 5.1 GW of renewable capacity, bringing its total to 19 GW, while Adani Power aims for 42 GW by fiscal 2032. The group also advanced its data center ambitions, targeting a 2-GW platform by 2030 in partnership with Google in Visakhapatnam. Financial results for 2025-26 showed consolidated revenue of Rs 2.92 lakh crore ($35.4 billion), a 7.4% year-on-year increase, with profit after tax rising 13.9% to Rs 46,377 crore ($5.6 billion). Adani Ports handled over 500 million tonnes of cargo, and the aviation sector expanded with new terminals in Navi Mumbai and Guwahati. Adani framed the group’s challenges as shifting from securing capital to accelerating project execution, positioning the conglomerate to capitalize on India’s economic growth and global AI demand.