UPSC Prelims Practice Questions — Aditya Birla to acquire Sprng Energy in ₹17,200-crore deal
Q1. The acquisition of Solenergi Power Private Limited by Aditya Birla Renewables Limited is stated to be subject to necessary regulatory approvals. Approval of which one of the following statutory bodies is required to clear such an acquisition as a 'combination'?
- A. Securities and Exchange Board of India
- B. Competition Commission of India
- C. National Company Law Tribunal
- D. Insolvency and Bankruptcy Board of India
Q2. On completion of Aditya Birla Renewables Limited's acquisition of the Sprng Energy group, what will be the company's combined renewable energy portfolio?
- A. 4.4 GW
- B. 5 GW
- C. 9.3 GW
- D. 20 GW
Q3. Which one of the following was the original private equity sponsor that built up the Sprng Energy independent power producer platform in India and subsequently sold it to Shell?
- A. Actis
- B. Global Infrastructure Partners
- C. Brookfield Asset Management
- D. Macquarie Asset Management
Q4. Global Infrastructure Partners, which is providing equity support for Aditya Birla Renewables Limited's acquisition of the Sprng Energy group, is the infrastructure investment arm of which one of the following global asset managers?
- A. Blackstone
- B. BlackRock
- C. KKR
- D. Temasek
Q5. As on 31 March 2026, which one of the following accounted for the largest share of India's installed renewable energy capacity?
- A. Wind power
- B. Solar power
- C. Large hydro power
- D. Bio energy
Q6. With reference to the foreign investment and regulatory framework applicable to India's renewable energy sector, consider the following statements. Which of the above is/are NOT correct?
- Foreign direct investment in the renewable energy sector is permitted up to 100 per cent under the automatic route.
- An entity of a country which shares a land border with India, or an investment whose beneficial owner is situated in such a country, can invest only under the Government route.
- Every foreign direct investment in the renewable energy sector requires the prior case-by-case approval of the Reserve Bank of India before the investment can be made.
- An acquisition in the sector that crosses the prescribed asset or turnover thresholds requires the approval of the Competition Commission of India.
- A. 1 and 3
- B. 2 and 4
- C. 1, 2 and 4
- D. 3 only
Q7. Aditya Birla Renewables Limited, the entity acquiring the Sprng Energy group, operates as a subsidiary of which one of the following Aditya Birla Group companies?
- A. Hindalco Industries
- B. UltraTech Cement
- C. Grasim Industries
- D. Aditya Birla Capital