ANIL will be AEL and TotalEnergies’ unique platform for the production and marketing of green hydrogen in India. As a first milestone, ANIL will aim to produce one million metric tons of green hydrogen per year (Mtpa) by 2030, supported by about 30 gigawatts (GW) of new renewable power generation capacity.
To control green hydrogen production costs, ANIL will be integrated along the entire value chain, from the manufacture of equipment required to generate renewable power and produce green hydrogen to the production of green hydrogen and its transformation into derivatives, such as nitrogenous fertilizers and methanol, for the domestic market and for export.
ANIL plans to create a project to produce 1.3 Mtpa of urea derived from green hydrogen for the Indian domestic market as a replacement for existing urea imports, and will invest approximately $5 billion in a 2 GW electrolyzer powered by renewable energy from a 4 GW solar and wind farm.
This cooperation is founded on the companies’ extraordinary complementarity. Adani’s portfolio will contribute its in-depth expertise of the Indian market, execution skills, and superior operations and capital management.
TotalEnergies’ in-depth knowledge of global markets, competence in renewable technology and large-scale industrial projects, and financial strength will enable ANIL to reduce its financing expenses. The combined strengths of the partners will assist ANIL in delivering the world’s largest green hydrogen ecosystem, which will result in the lowest consumer cost for green hydrogen.
The investment in ANIL represents another significant step in the strategic alliance between TotalEnergies and Adani Group, India’s premier energy and infrastructure platform, whose operations in India include LNG terminals, gas utility business, renewable power generation, and now green hydrogen production. It will accentuate the significant role that TotalEnergies and Adani want to play in the energy transition and in helping India decarbonize its mobility, industry, and agriculture, while also contributing to the nation’s energy independence.
