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TotalEnergies of France Reaffirms Support for Adani Green’s Expansion Projects

TotalEnergies is "committed to continue to support the expansion of AdGreen," said Patrick Pouyanne, Chairman and CEO of the French energy giant.

With Adani Green Energy Limited (AGEL)'s current capacity of 14 gigawatts and plans for continued expansion, the partnership with TotalEnergies is expected to play a crucial role in India's ambitious renewable energy targets and the country's transition toward cleaner energy sources.

Pouyanne said this during his meeting with Indian Commerce and Industry Minister Piyush Goyal, "We are committed to continue to support the expansion of Adani Green, which already has 14 gigawatts of capacity."

The French energy major has invested approximately USD 5 billion in India over the past five years, focusing on natural gas infrastructure, city gas development, and renewable energy projects, particularly solar and wind installations, in partnership with Adani entities.

TotalEnergies' involvement with Adani Green began in January 2021 when the company acquired a minority stake in the publicly listed renewable energy firm. As part of its strategy to strengthen renewable energy development in India, TotalEnergies also secured a 50 per cent stake in three joint ventures with AGEL operating renewable energy assets.

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