Key Points
BENGALURU (Reuters) Indias Adani Green Energy said on Monday that its board has approved agreements that would enable a TotalEnergies affiliate to invest $444 million to form a new joint venture with the company..
This comes after the company and the French oil major had inked a $300 million deal to build renewable capacity in India, where the bulk of energy requirements are still met by coal..
Adani Green, Adani Renewable Energy Sixty Four and TotalEnergies Renewables Singapore will enter into definitive agreements for the proposed joint venture...
The joint venture will house a portfolio of 1,150 megawatts of electricity, comprised of a mix of operational and under-execution solar assets, Adani Green said in a statement...
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