Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

CCI approves acquisition of solar energy generation assets of Adani Green Energy Ten Limited by Adani Green Energy Twenty-Three Ltd

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CCI approves acquisition of solar energy generation assets of Adani Green Energy Ten Limited by Adani Green Energy Twenty-Three Ltd
News and Press Release
Dated:- 14-10-2020

The Competit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ion Commission of India (CCI) approves acquisition of solar energy generation assets of Adani Green Energy Ten Limited (AGE10L) by Adani Green Energy Twenty-Three Ltd (AGE23L), under Section 31(1) of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the Competition Act, 2002. AGE23L is a joint venture jointly controlled by Total Solar Singapore Pte. Ltd. and Adani Green Energy Limited. AGE23L (through its subsidiaries) is engaged in the business .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of solar power generation in India. The assets proposed to be acquired consist of (i) TN Urja Private Limited; (ii) Essel Urja Private Limited; (iii) PN Renewable Energy Limited; (iv) PN Clean Energ .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... y Limited; (v) KN Indi Vijaypura Solar Energy Private Limited; (vi) KN Bijapura Solar Energy Private Limited; (vii) KN Muddebihal Solar Energy Private Limited; (viii) KN Sindagi Solar Energy Private L .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... imited; (ix) Essel Bagalkot Solar Energy Private Limited; and (x) Essel Gulbarga Solar Power Private Limited (Collectively referred to as Target Companies). Adani Green Energy Ten Limited (AGE10L) is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the holding company of the target companies. The Target Companies are active in the business of solar power generation in India. A detailed order of the CCI will follow.
News - Press release - P .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... IB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates