CCI Clears Adani Group in SECI Solar Tender

The India===Competition Commission of India (CCI) has dismissed allegations of anti-competitive practices against Adani Enterprises and Adani Green Energy concerning a solar power tender issued by the India===Solar Energy Corporation of India (SECI). The complaint, which also named Azure Power, alleged that the tender was designed to favor large players and that Adani Group entities engaged in collusive bidding and abuse of dominant position. However, the CCI found no prima facie evidence to support these claims, noting the presence of multiple significant players in India's power generation market, including NTPC Limited, Tata Power, and JSW Energy. The regulator concluded that the Adani Group does not appear to be a dominant player and that the tender conditions were within SECI's prerogative. Consequently, the case was closed under Section 26(2) of the Competition Act, providing a clean chit to the Adani Group entities.