Total SE buys 20% stake in Adani Green

20 Jan 2021 Editorial Team

French energy company Total SE has acquired a 20% stake in Adani Green Energy (AGEL) by buying shares held by the Gautam Adani-led promoter group, the Indian conglomerate said recently.

Prior to this, Total SE acquired a 50% stake in a joint venture with AGEL that had a portfolio of 2.35 GW of solar power assets. Adani said that Total SE's overall investment in the stake in the joint venture earlier and in Adani Green now stands at $2.5 billion.

Commenting on Total SE's investment in Adani Green, Adani Group Chairman Gautam Adani, said that both the energy companies have a shared vision of developing renewable power at affordable prices to enable a sustainable energy transformation in India.

Total SE has invested in other Adani Group entities as well. The company owns 50% stake in the Dhamra LNG project and 37.4% stake in Adani Gas.

AGEL aims to have a renewable energy capacity of 25 GW by 2025 through organic and inorganic growth. The company has a portfolio of 14,795 MW right now, which includes an operational capacity of 2,950 MW and projects at different phases of execution.

Image Source

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..

Real Estate

26 Jun 2026

Manglam Group to Develop Sheraton Hotel in Jaipur

Manglam Group has signed an agreement with Marriott International to develop a Sheraton hotel on the Jaipur–Ajmer Highway in Jaipur. The project will feature 220 keys and is being developed with an investment of around Rs 3.5 billion across more than 300,000 sq ft.The hotel marks Manglam Group’s third collaboration with Marriott International and forms part of its Rs 10 billion hospitality investment roadmap. The agreement was signed by Amrita Gupta, Director, Manglam Group and CEO, Manglam Spa and Resorts, and Rajeev Menon, President, Asia Pacific excluding Greater China, Marriott Interna..

Infrastructure Urban

26 Jun 2026

India Warehousing Show 2026 opens at YashoBhoomi

India's warehousing, logistics, and supply chain ecosystem came together as the 15th edition of India Warehousing Show (IWS) 2026 opened at YashoBhoomi, India International Convention & Expo Centre (IICC), Dwarka, New Delhi on June 25 (Thursday). Organised by RX India, the three-day event will run from 25-27 June 2026, bringing together policymakers, industry leaders, technology providers, and supply chain professionals under one roof. It also features a two-day knowledge conference that will run alongside the exhibition. Inaugurated by Pankaj Kumar, Joint Secretary - Logistics, DPIIT..