Chairperson of the Adani Group, Gautam Adani, met President of France, Emmanuel Macron. “Fascinating to hear from Prez @EmmanuelMacron at Chateau Versailles. His belief in power of regional democracies and a multipolar world is indeed refreshing,” Gautam Adani tweeted.
“We are honoured to support his global energy transition agenda and India/France cooperation,” Adani tweeted.
In June, Adani Group and French energy major TotalEnergies inked a deal.
As part of the deal, TotalEnergies will buy a 25 per cent stake in Adani New Industries Ltd (ANIL). Adani and TotalEnergies will create the world’s largest green hydrogen ecosystem. Adani New Industries Ltd will invest $50 Billion in green hydrogen.
ANIL aims to invest $50 billion over a decade in green hydrogen and the associated ecosystem. In the initial phase, it plans to develop a green hydrogen production capacity of one million tonnes per year by 2030.