tfy-banner-advt.jpg

CCI approves acquisition of 100% of the issued share capital of Solenergi Power (Target) by Aditya Birla Renewables Ltd (Acquirer)

Competition Commission of India

azadi ka amrit mahotsav

प्रविष्टि तिथि: 31 OCT 2026 2:18PM by PIB Delhi

The Competition Commission of India (CCI) has approved the acquisition of 100% of the issued share capital of Solenergi Power Private Limited (Target) by Aditya Birla Renewables Limited (Acquirer).

The proposed combination relates to acquisition of 100% of the issued share capital of the Target by the Acquirer from Shell Overseas Investment B.V. (Seller).

The Acquirer (including its subsidiaries) is engaged in the business of power generation through renewable energy resources (solar and wind) as well as captive Engineering, Procurement and Construction (EPC) activities.

The Target is primarily a holding company, registered in Mauritius. It does not have any other businesses except that of a holding company. The Target is present in India through: (i) certain downstream holding entities; and (ii) entities that are engaged in the business of power generation through renewable energy resources (solar and wind).

*****

KT/ONP

(रिलीज़ आईडी: 2330816) आगंतुक पटल : 80

Source Link

The NewsHourhttps://www.thenewshour.org
The News Hour – Online News Media, providing the Latest and Credible news for Lakhs of people in India as well as abroad. The Online News Media provides the Latest & Real-time news on Business, Automobiles, Latest Useful Top News, Food & Travel, Health, Entertainment, Agriculture & Environment, Fashion & Lifestyle, Sports, Events…etc. The News Hour – Online News Media, has always brought useful news and analysis to the doorstep of the Industry through its exclusive content, updates, and expertise from industry leaders through its Online News Website.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Top News

LATEST ARTICLES

BIZ NEWS