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CCI clears Adani Power GVK buy and three other deals shaking India energy and tech

Business
Published on 12 May 2026
CCI clears Adani Power GVK buy and three other deals shaking India energy and tech

One nod connects power generation to a data center stake

The Competition Commission of India approved four transactions, including Adani Power’s acquisition of GVK Energy and Canada Pension Plan Investment Board’s stake in Ctrl S Datacenters. CCI also cleared Thriveni Earthmovers’ purchase of a stake in Lloyds Engineering Works and approved a merger involving three entities into one company.

  • CCI has approved four separate business transactions
  • Adani Power can proceed with its GVK Energy acquisition
  • A Canada pension fund deal targets Ctrl S Datacenters
  • Thriveni Earthmovers and a multi-entity merger also get clearance
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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