Tuesday, Oct 04, 2022
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TotalEnergies To Acquire 25% Stake In Adani Group's Green Hydrogen-Producing Venture

In a statement, Adani Group said it has entered into a new partnership with the French firm to jointly create the world’s largest green hydrogen ecosystem.

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Adani Group.

French energy supermajor TotalEnergies will acquire a 25 per cent stake in Adani Group's green hydrogen-producing venture, the company said on Tuesday.

In a statement, Adani Group said it has entered into a new partnership with the French firm to jointly create the world’s largest green hydrogen ecosystem.

"In this strategic alliance, TotalEnergies will acquire 25 per cent minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL)," it said. 

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