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

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....CI approves Joint Venture between Adani Green Energy Limited and Total S.A. in power generation through solar energy in India <br>News and Press Release<br>Dated:- 2-4-2020<br><BR>The Competition Comm....

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....ission 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....

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.... 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 sha....

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....re 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 indust....

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....ry. 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. Detaile....

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....d order of the CCI will follow.<BR> News - Press release - PIB....