Adani, Total in $50bn Green Hydrogen Deal

India’s Adani Group and France TotalEnergies plan to invest $50 billion over the next 10 years to produce green hydrogen in India and build an ecosystem around it, Mint reported.

TotalEnergies will acquire a 25% stake in Adani New Industries, the clean energy subsidiary of Adani Enterprises, to jointly develop the world’s largest green hydrogen ecosystem, the report said.

Read the full report: Mint.

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Tags: Adani TotalEnergies

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.