Overview
- The Competition Commission of India, which on Thursday closed the complaint under Section 26(2), found no prima facie violation of Sections 3 or 4 of the Competition Act.
- The commission rejected claims that Azure Power acted as a proxy for Adani entities, stating the informant offered no evidence of cover bidding or collusion.
- CCI said tender terms are set by the buyer based on its needs and found no proof the 2019 manufacturing-linked SECI bid was designed to include only large firms or that the Green Shoe Option—extra capacity for winning bidders—curbed competition.
- The order noted Adani Group does not appear dominant in power generation given the presence of major players such as NTPC, Tata Power, JSW Energy, Suzlon, Torrent Power, and Reliance Power.
- The regulator added that alleged bribery tied to power contracts would not amount to abuse of dominance without clear competitive harm, and its administrative closure does not block other routes outside competition law.