Total Puts Investment In $50 Billion Hydrogen Project On Hold ...Middle East

OILPRICE - Economy
Total Puts Investment In $50 Billion Hydrogen Project On Hold
source : OILPRICE ( Middle East ) () 24
French TotalEnergies is putting on hold its plans to take a 25% stake in embattled Adani Group’s $50-billion hydrogen project, pending what it has called “clarity” over recent allegations that have caused Adan’s stock to plunge and even led to anti-government street protests in India.   As one of Adani’s biggest foreign investors with existing stakes in Adani’s gas and renewable energy companies totalling over $3 billion, TotalEnergies’ CEO Patrick Pouyanné said during an earnings call…

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