French group Total strikes renewable energy deal with Adani Group

• Posted in OilGas
• on February 6, 2020
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French oil and gas group Total on Thursday signed a new deal with Indian company Adani Group to expand their partnership towards the renewable energy sector.

Total said it would create a 50/50 joint venture company with Adani Green Energy Limited, to set up green energy projects in more than 11 Indian states with a cumulative capacity of over 2 GW.

Total added that the deal with Adani had a value of around $500 million.

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