CCI approves acquisition by Adani Power Limited of share capital of Diliigent Power Private Limited and DB Power Limited

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... CCI approves acquisition by Adani Power Limited of share capital of Diliigent Power Private Limited and DB Power Limited - News and Press Release Dated:- 29-9-2022 - News - The Competition Commissio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n of India (CCI) approves acquisition by Adani Power Limited (Acquirer) of share capital of Diliigent Power Private Limited (Diliigent Power) and DB Power Limited (DB Power) [Diliigent Power and DB Po .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... wer are collectively referred to as Targets]. The Proposed Combination involves the acquisition of the 100% of the share capital and economic rights of the Targets by the Acquirer. The Acquirer .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... is a public listed company incorporated in India with its shares listed on BSE Limited as well as the National Stock Exchange of India Limited. The Acquirer is a power company with eight operational p .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ower plants in India. It has power generation capacity of 13,650 MW comprising thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh and a 40 MW solar power project in G .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ujarat. Diliigent Power is primarily engaged in the activities of a holding company. It also provides project management and consultancy services, limited to DB Power. DB Power operates a coal b .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ased thermal power plant with an installed capacity of 1200 MW per hour in Chhattisgarh. Detailed order of the CCI will follow. - News - Press release - PIB Tax Management India - taxmanagementi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ndia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X