TotalEnergies plans to buy equity in Adani New Industries

Adani New Industries Limited (ANIL) intends to invest USD 50 billion over 10 years in green hydrogen. In the initial phase, ANIL plans to build a production capacity of 1 million tonnes a year for green hydrogen before 2030. French giant TotalEnergies plans to buy 25 per cent of the equity in ANIL.

 

 

 

 

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Note: The above-mentioned news was first published by us in our ProjectX India | 15th July 2022 edition. Click here to buy this issue. Access Hydrogen news, projects, tenders, and contract award information in each fortnightly issue of ProjectX India PDF version. Go for an annual subscription and get access to 24 issues in a year.