Shares of Adani Green Energy jumps 5 per cent

shares jump 5 pc on Wednesday after Total SA said it has invested Rs 3,707 crore in a joint venture with the domestic firm. The scrip jumped 4.90 per cent to Rs 166.80 on the BSE.

On the NSE, it gained 4.97 per cent to Rs 166.85.

Total SA on Tuesday said it has invested Rs 3,707 crore to set up 50:50 joint venture with Ltd (AGEL) through its step-down subsidiary.

The closing of the transaction in the current reinforces the strength of the relationship between the partners and further underscores robust commitment of both partners, it stated.

The French firm had last year picked up a 50 per cent stake in the 5 million tonnes per year LNG import terminal that the Group is building at Dhamra in ’s Bhadrak district.

Source: PTI