{"id":396200,"date":"2021-01-19T11:58:32","date_gmt":"2021-01-19T06:28:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=396200"},"modified":"2021-01-19T13:32:14","modified_gmt":"2021-01-19T08:02:14","slug":"total-speeds-up-renewables-push-with-2-5-bln-investment-in-indian-solar-power","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/total-speeds-up-renewables-push-with-2-5-bln-investment-in-indian-solar-power\/","title":{"rendered":"Total speeds up renewables push with $2.5 bln investment in Indian solar power"},"content":{"rendered":"<p>Total is paying $2.5 billion for a share in Indian renewable energy firm Adani Green Energy Limited (AGEL) and a portfolio of solar power assets, marking the latest step in the French energy company&#8217;s drive to reduce its dependence on oil.<\/p>\n<p>For its investment, Total will get a 20% stake in AGEL and a seat on its board, as well as a 50% share in the Indian firm&#8217;s portfolio of solar power assets, the French firm said.<\/p>\n<p>AGEL is controlled by Indian conglomerate Adani Group and has a market capitalisation of about 1.483 trillion Indian rupees ($20.25 billion).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Total is paying $2.5 billion for a share in Indian renewable energy firm Adani Green Energy Limited (AGEL) and a portfolio of solar power assets, marking the latest step in the French energy company&#8217;s drive to reduce its dependence on oil. For its investment, Total will get a 20% stake in AGEL and a seat on its board, as well as a 50% share in the Indian firm&#8217;s portfolio of solar power assets, the French firm said. AGEL is controlled by Indian conglomerate Adani Group and has a market capitalisation of about 1.483 trillion Indian rupees ($20.25 billion).<\/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":[141,130,236],"tags":[],"class_list":["post-396200","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-power-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/396200","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=396200"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/396200\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=396200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=396200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=396200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}