Friday, March 13, 2026

Adani, Total in $50  billion green hydrogen pact

As part of the plan, TotalEnergies will buy 25% in a new clean energy company, Adani New Industries Ltd, a unit of Adani Enterprises Ltd, to jointly build the world’s biggest green hydrogen ecosystem, the company said in an exchange filing on Tuesday. View Full ImageEnergy transmission In the initial phase, Adani New Industries will develop a green hydrogen production capacity of 1 million tonnes per annum by 2030. Traditional energy majors, including Reliance Industries Ltd, Adani Group, TotalEnergies, and Shell, are investing billions of dollars in green hydrogen projects, seeking to redefine their role in a world where people are no longer or less reliant on fossil fuels. The companies expect green hydrogen to play a crucial part in the energy transition…

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