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Environment

France's Total invests $500m in India renewables with Adani Group

Partnership to support Modi government's clean energy push

Workers install photovoltaic solar panels in Gujarat, the home state of Indian Prime Minister Narendra Modi.   © Reuters

TOKYO -- French energy supermajor Total has invested more than 37 billion rupees ($487 million) to form a renewable power joint venture with India's Adani Group.

The deal, finalized Tuesday, splits the ownership 50-50 between Total and the Indian conglomerate's Adani Green Energy unit.

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