France's Total to acquire 50% stake in Adani’s solar portfolio for $510m

France's Total to acquire 50% stake in Adani’s solar portfolio for $510m

Workers fix a sign for oil giant Total at a petrol station in Cairo, Egypt, October 13, 2016. REUTERS/Amr Abdallah Dalsh

In what will rank among the largest clean energy deals in India, French oil and gas major Total SA will acquire 50% stake in Adani Group’s solar business for $510 million, the companies said in a joint statement on Thursday.