Schneider Electric India Private Limited

Amara Raja Power Systems, a unit of Amara Raja Group, has partnered with Schneider Electric India to manufacture and sell prefabricated substations. Amara Raja will manufacture the range while Schneider provides back-end technology support.

Schneider Electric India Private Limited completed the acquisition of Larsen & Toubro's electrical and automation business on a slump sale basis for an all-cash consideration of Rs 14,000 crore, with Temasek taking a 35% stake in the company to fund the acquisition.

Amara Raja Power Systems, a unit of the Amara Raja Group, has tied up with Schneider Electric India to manufacture and sell prefabricated substations in India.

Amara Raja Power Systems tied up with Schneider Electric India to manufacture and sell prefabricated substations, with Amara Raja manufacturing and Schneider providing technology support.

The Competition Commission of India granted conditional approval for Schneider Electric India to acquire L&T's electrical and automation business via slump sale, and for MacRitchie Investments to acquire 35% shareholding in Schneider Electric India.

The Competition Commission of India approved the Rs. 14,000 crore acquisition of Larsen & Toubro's Electrical and Automation business by Schneider Electric India and MacRitchie Investments (Temasek), subject to modifications.

Schneider Electric India Private Limited and MacRitchie Investments Pvt. Ltd have proposed to acquire the electrical and automation business of Larsen & Toubro Limited, excluding the Marine and Servowatch businesses. The Competition Commission of India has invited public comments on the proposed acquisition.