TotalEnergies will acquire 25% stake in ANIL's green hydrogen venture

NEW DELHI: French energy supermajor TotalEnergies will acquire a 25 percent stake in Adani Group's green hydrogen-producing venture, the company said on Tuesday.

In a statement, the Adani group said it has entered into a new partnership with the French firm 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),'' it said.

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