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TotalEnergies will form a new joint venture with India's Adani Green Energy Limited in a deal that will see the French oil giant contribute an equity investment of $444 million, it said on Tuesday. The pair had said in September 2023 that they would join forces in a deal then announced at $300 million, which would give Total "direct access to ownership of assets" contributed by Adani Green — namely 1.05 gigawatts (GW) of wind and solar farms in India, where the bulk of ...
TotalEnergies deepens ties with India's Adani Green with $444 million JV
French energy major TotalEnergies announced on Tuesday agreements with Indian Oil Corporation and Korea South-East Power for the supply of liquefied natural gas (LNG) over a medium to long term period. It signed a sales and purchase agreement with Indian Oil Corporation to deliver up to 800,000 metric tons per year of LNG to India for ten years from 2026, it said in a statement. The company also signed a heads of agreement with Korea South-East Power to supply up to 500,000 metric tons ...
TotalEnergies signs LNG agreements with Indian Oil Corp, Korea South-East Power
In a bid to create a sustainable and green future, Adani TotalEnergies Biomass Limited (ATBL), a wholly-owned subsidiary of Adani Total Gas Limited (ATGL), on Sunday said it has commissioned operations at phase 1 of its Barsana Biogas Plant, located at Mathura in Uttar Pradesh. This plant will be India’s largest agri waste-based bio-CNG plant after reaching full design capacity at phase 3. The project cost for all three project phases for the Barsana Biogas plant would be in...
Adani Total Gas kicks off production at Barsana Biogas Plant towards green future
India's Adani Group is looking to raise as much as $4 billion to fund its green hydrogen plans, Bloomberg News reported on Thursday. Adani Enterprises' unit Adani New Industries, which is in early-stage discussions with several lenders, will raise the money from domestic and international banks, the report said, citing people familiar with the matter. The billionaire Gautam Adani-controlled Adani Group did not immediately respond to Reuters' request for comment. In Septem...
India`s Adani Group to raise $4 billion to fund green hydrogen plans
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