Parties
Company
TotalEnergies
Company
Adani Green Energy Limited
TotalEnergies and Adani Green Energy Limited (AGEL) have entered into an agreement to create a new joint venture, equally owned by TotalEnergies and AGEL, with a 1,150 MWac (1,575 MWp) solar portfolio in Khavda in Gujarat.
The electricity generated by the solar projects will be sold through Power Purchase Agreements (PPAs) signed with the federal government agency, Solar Energy Corporation of India (SECI), and through sales on the wholesale market.
Deal Type
Joint VentureIndustry
EnergyTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date