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Adani Green And TotalEnergies Form Joint Venture For Khavda Solar Projects

Adani Green And TotalEnergies Form Joint Venture For Khavda Solar Projects

NDTV
Tuesday, September 03, 2024 06:19:38 AM UTC

According to Adani Renewables, these projects are part of the world's largest renewable energy plant located in Khavda, Gujarat.

Adani Green Energy Limited (AGEL) and TotalEnergies have announced the formation of a joint venture (JV), equally owned by both partners, to manage a portfolio of 1,150 MW solar projects.

According to Adani Renewables, these projects are part of the world's largest renewable energy plant located in Khavda, Gujarat. AGEL will contribute its existing assets to the JV, while TotalEnergies will invest USD 444 million to accelerate the development of these projects.

This investment highlights AGEL and TotalEnergies' commitment to strengthening their collaboration and supporting India's transition to clean energy. It also demonstrates AGEL's proven ability to deliver green energy rapidly and at scale.

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