{"id":554765,"date":"2023-02-10T11:07:47","date_gmt":"2023-02-10T05:37:47","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=554765"},"modified":"2023-02-10T13:04:26","modified_gmt":"2023-02-10T07:34:26","slug":"totalenergies-puts-50-billion-hydrogen-venture-with-adani-on-hold","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/totalenergies-puts-50-billion-hydrogen-venture-with-adani-on-hold\/","title":{"rendered":"TotalEnergies puts $50 billion hydrogen venture with Adani on hold"},"content":{"rendered":"<p>France&#8217;s TotalEnergies, one of the largest foreign investors in billionare Gautam Adani&#8217;s business empire, said it has put on hold participation in Indian conglomerate&#8217;s $50 billion hydrogen project pending results of an audit launched following allegations by a US short-seller.<\/p>\n<p>While the partnership with Adani group was announced in June last year, TotalEnergies has not yet signed a contract, the French group&#8217;s chief executive Patrick Pouyanne said at earnings call.<\/p>\n<p>As per the June 2022 announcement, TotalEnergies was to take 25 per cent equity in Adani New Industries Ltd (ANIL) &#8211; the Adani Group firm that is investing USD 50 billion over 10 years in green hydrogen ecosystem that includes an initial production capacity of 1 million tonnes before 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>France&#8217;s TotalEnergies, one of the largest foreign investors in billionare Gautam Adani&#8217;s business empire, said it has put on hold participation in Indian conglomerate&#8217;s $50 billion hydrogen project pending results of an audit launched following allegations by a US short-seller. While the partnership with Adani group was announced in June last year, TotalEnergies has not yet signed a contract, the French group&#8217;s chief executive Patrick Pouyanne said at earnings call. As per the June 2022 announcement, TotalEnergies was to take 25 per cent equity in Adani New Industries Ltd (ANIL) &#8211; the Adani Group firm that is investing USD 50 [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-554765","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/554765","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=554765"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/554765\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=554765"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=554765"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=554765"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}