Home » Environment » CCI approves Joint Venture between Adani Green Energy Limited and Total S.A. in power generation through solar energy in India

CCI approves Joint Venture between Adani Green Energy Limited and Total S.A. in power generation through solar energy in India

The Competition Commission of India (CCI) approves formation of Joint Venture between Adani Green Energy Limited and Total S.A. in the business of power generation through solar energy in India.

The proposed combination envisages Adani Green Energy Limited transferring certain of its subsidiaries to a newly incorporated company (JV). Subsequently, Total S.A. would directly or indirectly acquire 50% of the equity share capital of the JV.Total S.A. is the ultimate parent entity of the Total Group. Total Group is an international integrated energy producer with operations in every sector of the oil and gas industry. Total Group is also involved in renewable energy and power generation sectors in India.

The Target Companies are active in the business of power generation through solar energy in India.

About ppb

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Central Pollution Control Board organizes Analytical Quality Control exercise of 145 Environmental Laboratories for 9 trace metal parameters.

The Instrumentation Laboratory of Central Pollution Control Board, Delhi has organized the 33rd Analytical Quality ...

India and Finland sign MOU for developing cooperation in the field of environmental protection and biodiversity conservation.

India and Finland today signeda MOU for developing cooperation between two countries in the field ...

Permit requirements waived for Transport Vehicles carrying Oxygen

In a crucial step forward, the  ministry of road transport and highways today issued order ...

The Fifteenth Finance Commission hold discussions with its Economic Advisory Council

The Fifteenth Finance Commission (XVFC) had an online meeting with its Advisory Council and other ...

Shri Dharmendra Pradhan addresses USISPF-3rd annual leadership summit; Invites US companies to partner in Aatmanirbhar Bharat campaign

Minister of Petroleum and Natural Gas and Steel, Shri Dharmendra Pradhan today participated in the ...

Government Blocks 118 Mobile Apps Which are Prejudicial to Sovereignty and Integrity of India, Defence of India, Security of State and Public Order

The Ministry of Electronics and Information Technology, Government of India invoking it’s power under section ...

India will play a leading role in the future global political framework in terms of economy and Disaster Risk Management:Nityanand Rai

  The Union Minister of State for Home Affairs, Shri Nityanand Rai has said that ...

Ministry of Shipping has facilitated more than 1 lakh crew change in Indian ports and charted flights

Ministry of Shipping has facilitated more than 1,00,000 crew change on Indian ports and through ...

Structural Reforms are a Key Priority of the Government: Finance Minister

Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. ...

Government of India and AIIB sign agreement for $500 million to improve the network capacity, service quality and safety of the suburban railway system in Mumbai

The Government of India, the Government of Maharashtra, Mumbai Railway Vikas Corporation and the Asian ...

WP2Social Auto Publish Powered By : XYZScripts.com