France’s Total to invest $300 million in JV with Adani Group

New Delhi, 19/9: France’s TotalEnergies SE will invest $300 million in a new joint venture with Adani Group for renewable energy project, the Indian conglomerate said in a stock exchange filing on Wednesday.

Adani Green Energy Ltd, the renewable energy arm of the Adani group, said: ‘Total will make a further investment (either directly or through its affiliates) of $300 million to form a new 50:50 joint venture company’ with AGEL.

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