Adani, India’s fastest-growing diversified business portfolio, and energy supermajor TotalEnergies of France, have entered into a new partnership to jointly create the world’s largest green-hydrogen ecosystem. In this strategic alliance, TotalEnergies will acquire 25 percent minority interest in Adani New Industries Ltd. (ANIL) from Adani Enterprises Ltd. (AEL).
The new partnership, centered on green hydrogen, is expected to transform the energy landscape both in India and globally. Adani and TotalEnergies are pioneers in energy transition and clean-energy adoption, and this joint energy platform further strengthens the public ESG commitments made by both companies.
ANIL’s ambition is to invest more than $50 billion during the next 10 years in green hydrogen and associated ecosystem. In the initial phase, ANIL will develop green-hydrogen production capacity of 1 million tons per year before 2030.
“The strategic value of the Adani-TotalEnergies relationsh
