Total Energies to acquire a 25% stake in ANIL

18 Jun 2022 CW Team

Total Energies to acquire a 25% stake in Adani New Industries Limited (ANIL), a new energy venture of the edible oils (Ahmedabad-based) infrastructure and energy conglomerate.

ANIL is aiming to valorise the abundant low-cost renewable power potential in the country by investing $ 50 billion in the next 10 years to create the largest green hydrogen ecosystem in the world.

On Tuesday a joint statement by the companies stated that TotalEnergies would acquire a minority interest in ANIL from the Adani Enterprises. In the initial phase, ANIL would develop a green hydrogen production capacity of 1 million tonne annually before 2030.

While addressing the JP Morgan India Investor Summit, Adani Group chairman Gautam Adani first outlined the green hydrogen plan having an investment of $ 20 billion along with a target of producing the world’s cheapest green electron.

Total Energies and Adani commenced their tango in 2018 when Total acquired a stake in Adani Gas, associated LNG terminal, city gas distribution, and gas marketing businesses. It now has a 37. 4% stake in Adani Gas and 50% stake in the Dhamra LNG project. It further has a 20% stake in Adani Green Energy, which is the group’s renewable energy arm.

ANIL targets to be the largest fully integrated green hydrogen player globally, with its presence across the entire value chain.

Image Source

Also read: SECI to install 25 kW green hydrogen-based pilot project in Leh

Infrastructure Urban

09 Jan 2026

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Sources Unlimited Introduces Vitamine Pendant Lamp by Melogranoblu

Sources Unlimited has launched the Vitamine Pendant Lamp by Melogranoblu in India, expanding its portfolio of curated international luxury lighting solutions. Designed and crafted in Italy, the Vitamine pendant reflects contemporary glass artistry, combining hand-blown craftsmanship with refined aesthetics and atmospheric illumination.The Vitamine Pendant Lamp is sculpted in hand-blown glass and is available in frosted, silver and black metallised finishes. Each finish offers a distinct visual identity while maintaining a cohesive and sophisticated design language. The lamp’s softly contoure..