CCI nod for JV between Adani Green Energy and Total SA

Total SA is the ultimate parent entity of the Total Group

Competition Commission of India, Joint venture, Adani Green Energy, Total SA, Power generation, Solar energy in India, Total Group

The Competition Commission of India (CCI) has approved the formation of a joint venture (JV) between Adani Green Energy and Total S A in the business of power generation through solar energy in India.

The proposed combination envisages Adani Green Energy transferring certain of its subsidiaries to a newly incorporated company JV. Later, Total S A will directly or indirectly acquire 50% of the equity share capital of the JV.

Total S.A. is the ultimate parent entity of the Total Group. The target companies are active in the business of power generation through solar energy in India.

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Sept 2020
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