India has embarked on a very large-scale energy transition process and is a key market for TotalEnergies. Our recent strategic alliance with Adani, India’s largest infrastructure and energy conglomerate, allows us to diversify and develop two key components of our broad energy strategy in the country: natural gas and renewables.
India, with a population of 1.39 billion, is one of the world’s fastest-growing economies.
Developing low-carbon energies is a national priority for the Indian government. Its ambitious objectives are to grow the share of natural gas in the energy mix from 6.5% in 2020 to 15% by 2030 and to triple the amount of electricity generated from renewable sources.
TotalEnergies intends to support India in its energy transition. To do that, we joined forces in 2018 with a local partner of choice: Adani. Our goal is to jointly develop a broad energy offering, first in natural gas with LNG imports and city gas distribution, and as from 2020 in renewable energies, primarily with solar power.