Competition Commission of India press release · 26 May 2026 · pibtracker filter

CCI approves creation of a joint venture company between Mercuria Energy Netherlands B.V. and Tata International Singapore (Pte) Ltd.

PRID2265620 MinistryCompetition Commission of India Released26 May 2026 Reading7 min

Posted On: 26 MAY 2026 8:28PM by PIB Delhi The Competition Commission of India (CCI) has approved the creation of a joint venture company between Mercuria Energy Netherlands B.V. and Tata International Singapore (Pte) Ltd. The Proposed Combination involves Mercuria Energy Group Limited ( Mercuria Energy ), through its subsidiary Mercuria Energy Netherlands B.V ( Mercuria/Acquirer ) and Tata International Singapore (Pte) Limited ( TISPL ) entering into an agreement in respect of formation a joint venture company ( Target - to be established) in the Dubai International Financial Centre ( DIFC ), United Arab Emirates ( UAE ) (together with the associated pre-closing restructuring and transfers, the Proposed Combination ). Mercuria is a private limited liability company incorporated in the Netherlands. It, together with its affiliates, is a globally active energy and commodity company. Mercuria’s core activities are in the trading of energy products, including crude oil and other petroleum products, as well as biodiesel, natural gas, electricity, carbon emission rights, coal, and, to a lesser extent, base metals and petrochemicals. Post closing of the Proposed Combination, the Target, a private company (to be established) in the DIFC, UAE, will operate as a joint venture entity of Mercuria and TISPL. It will be a newly formed commodities trading and investment entity proposed to engage in, inter alia , the trading of commodities, including metals, minerals, agricultural products, and oil and gas products, through its subsidiaries in various jurisdictions including in India. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2265620) Visitor Counter : 930 Read this release in: Urdu , हिन्दी Competition Commission of India CCI approves creation of a joint venture company between Mercuria Energy Netherlands B.V. and Tata International Singapore (Pte) Ltd. Posted On: 26 MAY 2026 8:28PM by PIB Delhi The Competition Commission of India (CCI) has approved the creation of a joint venture company between Mercuria Energy Netherlands B.V. and Tata International Singapore (Pte) Ltd. The Proposed Combination involves Mercuria Energy Group Limited ( Mercuria Energy ), through its subsidiary Mercuria Energy Netherlands B.V ( Mercuria/Acquirer ) and Tata International Singapore (Pte) Limited ( TISPL ) entering into an agreement in respect of formation a joint venture company ( Target - to be established) in the Dubai International Financial Centre ( DIFC ), United Arab Emirates ( UAE ) (together with the associated pre-closing restructuring and transfers, the Proposed Combination ). Mercuria is a private limited liability company incorporated in the Netherlands. It, together with its affiliates, is a globally active energy and commodity company. Mercuria’s core activities are in the trading of energy products, including crude oil and other petroleum products, as well as biodiesel, natural gas, electricity, carbon emission rights, coal, and, to a lesser extent, base metals and petrochemicals. Post closing of the Proposed Combination, the Target, a private company (to be established) in the DIFC, UAE, will operate as a joint venture entity of Mercuria and TISPL. It will be a newly formed commodities trading and investment entity proposed to engage in, inter alia , the trading of commodities, including metals, minerals, agricultural products, and oil and gas products, through its subsidiaries in various jurisdictions including in India. Detailed order of the Commission will follow. ***** NB/ONP (Release ID: 2265620) The Competition Commission of India (CCI) has approved the creation of a joint venture company between Mercuria Energy Netherlands B.V. and Tata International Singapore (Pte) Ltd. The Proposed Combination involves Mercuria Energy Group Limited (Mercuria Energy), through its subsidiary Mercuria Energy Netherlands B.V (Mercuria/Acquirer) and Tata International Singapore (Pte) Limited (TISPL) entering into an agreement in respect of formation a joint venture company (Target - to be established) in the Dubai International Financial Centre (DIFC), United Arab Emirates (UAE) (together with the associated pre-closing restructuring and transfers, the Proposed Combination). Mercuria is a private limited liability company incorporated in the Netherlands. It, together with its affiliates, is a globally active energy and commodity company. Mercuria’s core activities are in the trading of energy products, including crude oil and other petroleum products, as well as biodiesel, natural gas, electricity, carbon emission rights, coal, and, to a lesser extent, base metals and petrochemicals. Post closing of the Proposed Combination, the Target, a private company (to be established) in the DIFC, UAE, will operate as a joint venture entity of Mercuria and TISPL. It will be a newly formed commodities trading and investment entity proposed to engage in, inter alia, the trading of commodities, including metals, minerals, agricultural products, and oil and gas products, through its subsidiaries in various jurisdictions including in India. Detailed order of the Commission will follow. ***** NB/ONP " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; } $(document).ready(function () { //for responsive tables $("table").each(function () { if (!$(this).closest(".table-responsive").length) { $(this).wrap(" "); 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Original PIB release
pib.gov.in · PRID 2265620

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CCI approves creation of a joint venture company between Mercuria Energy Netherlands B.V. and Tata International Singapore (Pte) Ltd.

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