The Competition Commission of India (CCI) has granted approval for the acquisition of 100% of the issued share capital of Solenergi Power Private Limited by Aditya Birla Renewables Limited. The approval was announced on October 31, 2026, through a PIB Delhi release.
The proposed combination involves the acquisition of the Target company from Shell Overseas Investment B.V. as the Seller. Aditya Birla Renewables Limited, the Acquirer, is engaged in power generation through renewable energy resources including solar and wind power, as well as captive Engineering, Procurement and Construction (EPC) activities through its subsidiaries.
Solenergi Power Private Limited is primarily a holding company registered in Mauritius with no other business operations beyond its holding company function. The Target company maintains presence in India through downstream holding entities and through entities that are engaged in the business of power generation using renewable energy resources, specifically solar and wind power.