| | JUNE 20229IN OUR JOURNEY TO BECOME THE LARGEST GREEN HYDROGEN PLAYER IN THE WORLD, THE PARTNERSHIP WITH TOTALENERGIES ADDS SEVERAL DIMENSIONS THAT INCLUDE R&D, MARKET REACH AND AN UNDERSTANDING OF THE END CONSUMERmarket, rapid execution capabilities, operations excellence and capital management philosophy to the partnership, TotalEnergies will bring its deep understanding of the global and European market, credit enhancement and financial strength to lower the financing costs, and expertise in underlying technologies. The complementary strengths of the partners will help ANIL deliver the largest green hydrogen ecosystem in the world, which, in turn, will deliver the lowest cost of Green Hydrogen to the consumer and help accelerate the global energy transition.ANIL aims to be the largest fully integrated green hydrogen player in the world, with presence across the entire value chain, from the manufacturing of renewables and green hydrogen equipment (solar panels, wind turbines, electrolysers and others), to large scale generation of green hydrogen, to downstream facilities producing green hydrogen derivatives.With this investment in ANIL, the strategic alliance between the Adani Portfolio and TotalEnergies now covers LNG terminals, the gas utility business, renewables business and green hydrogen production. The partnership helps India in its quest to build the fundamental pillars of economic sustainability by driving decarbonisation of industry, power generation, mobility, and agriculture thereby mitigating climate change, and ensuring energy independence.
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