CCI Clears Shell’s 100% Acquisition of Raj Petro Specialities

06 Mar 2025 CW Team

The Competition Commission of India has granted approval for the acquisition of Raj Petro Specialities by Shell Deutschland GmbH and Shell Overseas Investments BV. The transaction involves the complete acquisition of Raj Petro Specialities' equity share capital by these Shell entities.

Shell Plc, the parent company of the Shell Group, operates as a multinational energy and petrochemical corporation. The company is engaged in various sectors, including oil and gas exploration, production, manufacturing, marketing, and shipping of oil products and chemicals. Additionally, the group is involved in the development and distribution of renewable energy products. Shell’s business portfolio also includes the manufacturing and sale of lubricants, both globally and within India.

Raj Petro Specialities Private Limited specializes in hydrocarbon chemistry and produces high-performance petro-speciality products. Its product line is derived from fully refined crude-based feedstocks.

The Competition Commission of India’s detailed order on the approval will be issued subsequently.

News source: PIB

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

Karnataka Clears Goa–Tamnar Line Despite Forest Impact

Karnataka has expedited approval for the contentious Goa–Tamnar power transmission project, clearing it only months after softening its stance and requesting a revised proposal from the implementing agency. The decision comes despite the project’s significant ecological risks to Mollem National Park, Bhagwan Mahavir Sanctuary and nearby villages, where large-scale forest diversion and fragmentation threaten sensitive Western Ghats ecosystems. The Karnataka Forest Department has now approved the updated proposal. The state government had earlier paused the project, linking the delay to Goa..