TOTAL SE Subsidiary receives Govt’s Nod to Acquire Share Capital in Adani Green Energy

Energy Markets Feed

The Competition Commission of India approves acquisition by Total SE through its subsidiary Total Renewables SAS in share capital of Adani Green Energy Limited under Section 31(1) of the Competition Act, 2002.

The Proposed Combination entails minority investment by Total SE, through its wholly owned subsidiary Total Renewables SAS, in AGEL which is the renewable energy arm of the Adani Group.

Total SE is the ultimate parent entity of the Total Group.