The Adani Group, led by Gautam Adani, is forging ahead independently with its $50 billion green hydrogen project, following French partner TotalEnergies SE’s suspension of investment due to fraud allegations. Adani Group CFO Robbie Singh confirmed that the project is progressing irrespective of TotalEnergies’ equity involvement. TotalEnergies, originally planning a 25% stake in Adani New Industries Ltd for the green hydrogen venture, halted its $4 billion investment after fraud allegations, which Adani denies. The Adani Group aims to invest up to $50 billion over the next decade, establishing a fully integrated green hydrogen ecosystem in India.