{"id":396127,"date":"2021-01-19T12:13:30","date_gmt":"2021-01-19T06:43:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=396127"},"modified":"2021-01-19T12:13:30","modified_gmt":"2021-01-19T06:43:30","slug":"total-adani-ink-deal-for-20-per-cent-of-adani-green-energy","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/total-adani-ink-deal-for-20-per-cent-of-adani-green-energy\/","title":{"rendered":"Total, Adani ink deal for 20 per cent of Adani Green Energy"},"content":{"rendered":"<p>NEW DELHI: Indian energy major Adani Group and French oil and gas giant Total on Monday announced that they have inked a $2.5 billion deal under which the French company will receive a 20 per cent stake in Adani Green Energy\u2014 a renewable energy company. <\/p>\n<p>The agreement will also see Total get two seats on Adani Green Energy\u2019s (AGEL) Board of Directors. Going by projects, AGEL is already the world\u2019s largest solar energy producer and Total is set to get a 50 per cent stake in AGEL\u2019s massive 2.35 GW portfolio of operating solar assets. This is not the first such agreement signed between the Paris-based energy firm and the Adani Group. In 2018, Total had agreed to buy a 37.4 per cent stake in Adani Gas Ltd\u2014the city gas distribution firm of the Adani Group\u2014and a 50 per cent stake in Adani\u2019s under-construction Dhamra LNG project in Odisha. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Indian energy major Adani Group and French oil and gas giant Total on Monday announced that they have inked a $2.5 billion deal under which the French company will receive a 20 per cent stake in Adani Green Energy\u2014 a renewable energy company. The agreement will also see Total get two seats on Adani Green Energy\u2019s (AGEL) Board of Directors. Going by projects, AGEL is already the world\u2019s largest solar energy producer and Total is set to get a 50 per cent stake in AGEL\u2019s massive 2.35 GW portfolio of operating solar assets. This is not the first [&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":[130,243,143],"tags":[],"class_list":["post-396127","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/396127","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=396127"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/396127\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=396127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=396127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=396127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}