TotalEnergies is teaming up with Indian conglomerate Adani to develop a huge green hydrogen production programme for India.

The French energy major is buying a 25% stake in Adani New Industries (ANIL) from Adani Enterprises to create what the companies call the world’s biggest such clean fuel “ecosystem”.

ANIL is ready to invest $50bn over 10 years to transform the energy landscape globally and domestically.