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Expansion▲ Bullish for Indian equities
Data centre pre-leasing doubles amid rising AI demand
The brief
- Data centre pre-leasing has doubled amid rising AI demand
- Demand is driven by smartphone use and consumer AI applications such as ChatGPT and Gemini
- Rising data-centre demand supports Indian data-centre operators and power suppliers
- India’s power shortfall reaches a three-year peak despite higher coal burn
- India’s September power deficit hits a decade high as monsoon ends 13% below normal
- Centre's Captive Coal Push May Add 5-7 GW, Fall Short Of Peak Demand Surge
- El Nino effect: India’s coal imports may rise in October-December
- No coal shortage, says Reddy; plants with critical stocks rise to 82