Competition law exemptions allow companies to collaborate on emergency energy projects
Competing companies, such as mobile network operators, will now be allowed to work together on new energy projects or negotiate jointly in the procurement of alternative energy supply after the minister of trade, industry & competition Ebrahim Patel gazetted exemptions to the Competition Act.
Energy users and energy suppliers block exemptions, which were published on Thursday, will allow companies to undertake joint investment in shared infrastructure, joint financing and risk-sharing in projects, and joint training and skills development...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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