Total agrees to buy 20% stake in Adani Green Energy

French energy firm Total has agreed to buy a 20% minority stake in Adani Green Energy (AGEL) from Adani Group. The purchase will give Total a seat on AGEL's board of directors. AGEL has a market capitalisation of about ₹1.48 lakh crore, and a 20% stake in the company would be worth around ₹30,000 crore as per current market prices.