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Gautam Adani Group company Adani Green Energy and France’s Total Energy SE are in talks to invest in renewable energy projects. Under this, French oil company Adani can buy stake in some projects of Green Energy. It is estimated that the French group could invest around $700 million in the projects. Let us tell you that TotalEnergies SE is working on this as part of its drive to expand its portfolio of clean energy projects.
A Bloomberg report cited a source as saying that the deal is being discussed. However, there is no certainty of transaction. there itself, Adani Group Apart from this, TotalEnergies SE has refused to comment on this. The deal will increase Total’s presence in the Indian energy market, while helping Adani Green develop new renewable energy projects.
Shares on recovery track: The news comes at a time when the Adani Group Hindenburg Trying to get out of trouble. American short seller firm Hindenburg last January Adani Group But several serious allegations were made. Adani Group’s shares fell badly after these allegations. However, recovery is being seen once again after about seven months.
Share status: Made a deal among the news Shares of Adani Green Energy rose more than 2 percent on Friday. The share price crossed the Rs 1000 mark during trading. The previous close of this stock was Rs. was 983.80.