{"id":345986,"date":"2020-04-08T11:55:05","date_gmt":"2020-04-08T06:25:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=345986"},"modified":"2020-04-08T11:55:05","modified_gmt":"2020-04-08T06:25:05","slug":"french-firm-totals-arm-invests-rs-3707-crore-to-form-jv-with-adani-group","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/french-firm-totals-arm-invests-rs-3707-crore-to-form-jv-with-adani-group\/","title":{"rendered":"French firm Total\u2019s arm invests Rs 3,707 crore to form JV with Adani Group"},"content":{"rendered":"<p>French energy firm Total SA on Tuesday said it has invested Rs 3,707 crore to set up 50:50 joint venture with Adani Green Energy Ltd (AGEL) through its step-down subsidiary. The JV houses 2.148 GW operating solar projects across 11 states in India, the company said in a statement.<\/p>\n<p>The portfolio includes the Restricted Group 1 &amp; 2 projects, which had recently raised USD 862.5 million from the international bond markets, the statement said. Restricted Group 2 was the first Investment Grade rated issuance (rated BBB-\/Baa3\/BBB-) by a renewable business in India and was widely recognized by global capital markets and international publications, it added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>French energy firm Total SA on Tuesday said it has invested Rs 3,707 crore to set up 50:50 joint venture with Adani Green Energy Ltd (AGEL) through its step-down subsidiary. The JV houses 2.148 GW operating solar projects across 11 states in India, the company said in a statement. The portfolio includes the Restricted Group 1 &amp; 2 projects, which had recently raised USD 862.5 million from the international bond markets, the statement said. Restricted Group 2 was the first Investment Grade rated issuance (rated BBB-\/Baa3\/BBB-) by a renewable business in India and was widely recognized by global capital markets [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-345986","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345986","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=345986"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/345986\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=345986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=345986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=345986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}