{"id":336459,"date":"2020-02-07T11:14:56","date_gmt":"2020-02-07T05:44:56","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=336459"},"modified":"2020-02-07T11:14:56","modified_gmt":"2020-02-07T05:44:56","slug":"sun-shines-for-adani-as-total-buys-50-in-solar-business-for-510-million","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/sun-shines-for-adani-as-total-buys-50-in-solar-business-for-510-million\/","title":{"rendered":"Sun shines for Adani as Total buys 50% in solar business for $510 million"},"content":{"rendered":"<p>NEW DELHI : French energy giant Total SA has agreed to acquire 50% in Adani Group\u2019s solar assets for $510 million, in one of the biggest transactions in India\u2019s clean energy industry.<\/p>\n<p>Total will own half of a joint venture company that will house the solar assets of Adani Green Energy Ltd, which has a 2,148MW solar project portfolio across 11 states, the companies said in a joint statement on Thursday. Adani Green Energy will own the balance 50% in the joint venture.<\/p>\n<p>The transaction, the second major proposed investment by the French energy major in a company controlled by billionaire Gautam Adani, comes amid a tough phase for India\u2019s clean energy sector. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI : French energy giant Total SA has agreed to acquire 50% in Adani Group\u2019s solar assets for $510 million, in one of the biggest transactions in India\u2019s clean energy industry. Total will own half of a joint venture company that will house the solar assets of Adani Green Energy Ltd, which has a 2,148MW solar project portfolio across 11 states, the companies said in a joint statement on Thursday. Adani Green Energy will own the balance 50% in the joint venture. The transaction, the second major proposed investment by the French energy major in a company controlled by [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-336459","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336459","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=336459"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/336459\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=336459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=336459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=336459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}