Adani group join hands with Total Energies in green fuel JV
The Adani group has joined hands with TotalEnergies of France in a green hydrogen venture, which will invest $50 billion over the next decade.
Green hydrogen, produced using renewable energy, has some of the best environmental credentials of the various shades of the clean-burning fuel.
TotalEnergies will acquire a 25 per cent minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). ANIL is a wholly-owned subsidiary of AEL.
