HomeIndiaAdani Green-Total JV takes over Essel’s solar assets acquired by Adani earlier...

Adani Green-Total JV takes over Essel’s solar assets acquired by Adani earlier | JP Simon International

MUMBAI: Adani Green Energy’s joint venture with French energy major TOTAL SA has completed the acquisition of a 205 mw solar power project for an enterprise value of Rs 1,632 crore, taking the total operating renewable portfolio under the JV to 2,353 mw, the Gautam Adani-led company said on Thursday.

In April this year, Total SA invested around Rs 3,707 crore for 50% partnership with Adani Green Energy NSE 2.05 % to form a joint venture that will house 2,148 mw of operating solar power projects across 11 states in India.

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