Investment / French Energy Giant TOTAL to Acquire 20% Stake in Adani Green Energy for $2.5 billion
Team VTV 03:58 PM, 18 Jan 21 | Updated: 06:27 PM, 18 Jan 21
French oil major Total SE will acquire a 20 percent stake in Adani Green Energy Limited (AGEL).
In a press release, the Gautam Adani-backed company said that Adani Promoter Group will sell 20 percent minority stake in AGEL to the French energy company.
A strategic alliance between Adani Group and TOTAL The investment in AGEL is another step in the strategic alliance between Adani Group and TOTAL, across various businesses and companies of the Adani Group, covering investments in LNG terminals, gas utility business, and renewable assets across India, the company said in the press release.
New Delhi, Jan 18: Adani Group on Monday said global energy major TOTAL has acquired a 20 per cent equity stake in Adani Green Energy Ltd. The purchase of
Four CNG pumps to be opened in Kozhikode by February
Updated:
Updated:
Work on pipeline laying begins in district
Share Article
AAA
Work on a CNG pump in progress at a fuel station at Ulliyeri in Kozhikode. | Photo Credit:
SPECIAL ARRANGEMENT
Work on pipeline laying begins in district
Construction work for the medium-density polyethylene (MDPE) pipeline for distribution of compressed natural gas to domestic units in Kozhikode district began at Ekaruur in Unnikulam grama panchayat.
Balussery MLA Purushan Kadalundi inaugurated work on the City Gas Distribution (CGD) project being implemented by Indian Oil-Adani Gas Pvt. Ltd. (IOAGPL), the joint venture of Indian Oil Corporation Limited (IOCL) and Adani Gas Limited (AGL).