Adani Green, TotalEnergies sign $444m joint venture agreement

This will house a 1,150 MWac portfolio.

Adani Green has approved the execution of binding documents, which includes a joint venture (JV) agreement that will allow TotalEnergies Renewables Singapore Pte Limited to invest $444m to form a new JV company with the Indian company.

In a bourse filing, the company said the deal will involve Adani Green, Adani Renewable Energy Sixty Four Limited, and TotalEnergies. Adani Green and TotalEnergies will each hold 50% of the company to be formed.

The JV company will manage a portfolio of solar projects totaling 1,150 megawatts located in Khavda, Gujarat. This will comprise a mix of operational and under execution solar assets, with a blend of both merchant based and power purchase agreement based projects.

Adani Green said transaction details are under discussion and subject to customary approvals and conditions.

Follow the link for more news on

Adani Green Energy Limited

Also Read

Alternergy receives initial tranche from $136m funding for Tanay project

Over 20 countries pledge no new coal power at COP29

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit