CCI approves acquisition of GMR Kamalanga Energy Limited by JSW Energy Limited

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..... CCI approves acquisition of GMR Kamalanga Energy Limited by JSW Energy Limited - News and Press Release Dated:- 8-4-2020 - News - The Competition Commission of India (CCI) approves the acquisition b .....

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..... y JSW Energy Limited ( Acquirer ) of GMR Kamalanga Energy Limited ( Target ), under Section 31(1) of the Competition Act, 2002 , in its meeting held through video conferencing The proposed comb .....

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..... ination envisages the acquisition of the entire (i.e., 100%) shareholding of the Target by the Acquirer. The Acquirer (also through its subsidiaries) is engaged in power generation, power transmiss .....

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..... ion, power trading, coal mining and power equipment manufacturing. Presently, the Acquirer has a power generation capacity of 4,541 MW comprising of portfolio of thermal (3,140 MW), hydro (1,391 MW) a .....

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..... nd solar (10 MW). The Target is engaged in generation of power through its coal based thermal power plant at Kamalanga village, Dhenkanal district, Odisha. Detailed order of the CCI will follow .....

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..... . - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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