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

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....CI approves acquisition of solar energy generation assets of Adani Green Energy Ten Limited by Adani Green Energy Twenty-Three Ltd <br>News and Press Release<br>Dated:- 14-10-2020<br><BR>The Competiti....

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....on 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 t....

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....he 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 ....

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....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 Energy....

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.... 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 Li....

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....mited; (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 t....

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....he 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.<BR> News - Press release - PI....

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....B....