Key Points

TotalEnergies CEO Patrick Pouyanne reiterated the company's commitment to Adani Green Energy during a meeting with Indian Commerce Minister Piyush Goyal. Emphasizing past collaborations, Pouyanne confirmed ongoing support for Adani Green's massive 14-gigawatt capacity in India. The French energy giant has significant investments in India, focusing on renewable energy, natural gas, and city gas development. Notably, Adani Green recently achieved a milestone by turning water positive ahead of its target, leading global sustainability efforts.

Key Points: TotalEnergies CEO Reaffirms Support for Adani Green's Expansion

  • Patrick Pouyanne pledges support for Adani Green's 14 GW capacity
  • TotalEnergies plans major energy investments in India
  • Adani Green leads with 30% growth in RE capacity
2 min read

Energy major TotalEnergies 'committed' to support Adani Green's growth: CEO

TotalEnergies CEO commits to boosting Adani Green's growth as part of broader India plans.

"We will continue to support this growth. - Patrick Pouyanne, CEO TotalEnergies"

Paris, June 3

Patrick Pouyanne, Chairman and CEO of the French energy giant TotalEnergies, has said the company is committed to continuing to support the expansion of Adani Green Energy Ltd (AGEL).

In a meeting with Commerce and Industry Minister Piyush Goyal here, Pouyanne said they are committed to continuing to support the expansion of Adani Green, “which already has 14 gigawatts of capacity,” and we “will continue to support this growth.”

Pouyanne also outlined TotalEnergies' broader Indian expansion plans, including increased energy exports from the US.

Goyal also posted on X: “Met Patrick Pouyanne, Chairman and CEO of TotalEnergies and discussed the company’s investment plans for India and avenues for deeper collaboration in the renewable energy sector”.

The French energy major has about $5 billion worth of investments in India, focusing on natural gas infrastructure, city gas development, and renewable energy projects, particularly solar and wind.

In January 2021, TotalEnergies collaborated with Adani Green for the first time when it acquired a minority stake in the renewable energy company.

Last month, Adani Green Energy Limited became the world’s first renewable energy (RE) Independent Power Producer (IPP) to turn water positive across its entire operational portfolio, which exceeds a massive 14 GW capacity.

AGEL achieved water positivity a year ahead of its FY26 target to set a new standard for sustainability. It is the first and only among the top 10 global companies (in terms of operational RE portfolio) to ever reach this milestone.

Adani Green posted robust FY25 results, surpassing $1 billion in EBITDA, as operational renewable energy (RE) capacity grew a healthy 30 per cent to 14.2 GW (year-on-year), which continues to be India’s largest.

The Adani Group company reported greenfield addition of 3.3 GW in FY25, India’s highest ever by any RE firm, and contributed 16 per cent of nationwide utility-scale solar and 14 per cent of wind installations last fiscal.

AGEL is developing a massive 30 GW renewable energy plant at Khavda in Gujarat. This is spread over an area of 538 sq km, almost five times the city of Paris.

- IANS

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Reader Comments

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Rajesh K.
This is great news for India's renewable energy sector! 🇮🇳 TotalEnergies' continued support shows global confidence in Adani Green. The Khavda project will be a game-changer - 30GW is massive! Hope this brings more jobs and clean energy to Gujarat.
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Priya M.
While the investment is welcome, I hope there's proper oversight on environmental impact. 538 sq km is huge - will local ecosystems be protected? Also, how much of the profits will actually benefit Indian citizens versus going to foreign investors?
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Arjun S.
Water positive status is impressive! 💧 This shows Indian companies can lead in sustainable development. More such partnerships needed to meet our 500GW renewable energy target by 2030. France-India collaboration in green energy is a win-win.
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Sunita R.
Good to see foreign investment in renewables, but why only big corporates benefit? Government should create policies to help smaller Indian companies enter this sector too. Monopolies aren't good for long-term growth.
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Vikram J.
The scale of these projects is mind-blowing! Five times Paris? 😲 Hope the electricity generated reaches common people at affordable rates. Also curious - what technology are they using to achieve water positivity? Could this be replicated elsewhere?
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Neha P.
As someone from Gujarat, I'm proud but also concerned. Large projects often displace local communities. Hope Adani ensures fair compensation and employment opportunities for affected villagers. Development should be inclusive, not just about numbers and foreign investments.

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