Adani Green to form 50:50 JV with Total for solar power; latter to invest $ 510 million
Billionaire Gautam Adani-led Adani Green Energy has entered into a pact with French energy major Total Gas & Power Business Services SAS (TOTAL) for an investment of around $ 510 million (Rs 3633 crore) for 50% stake and other instruments in a solar power joint venture that will house 2,148 mw currently owned by the Adani group company, the companies said in a joint statement on Thursday.
Adani Green Energy has a project portfolio of 6 gigawatts, which includes projects that are under construction. The company aims to scale up its capacity to 18 gigawatts by 2025
