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 - News - The Competition 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 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 Clea .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n Energy 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 Limited; (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 (AGE .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 10L) is 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 - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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