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of <h1>CCI Approves JSW Neo Energy's Acquisition of Mytrah Energy Subsidiaries u/s 31(1) for 1,753 MW Portfolio.</h1> The Competition Commission of India (CCI) has approved the acquisition of the share capital of eighteen subsidiaries of Mytrah Energy (India) Private Limited by JSW Neo Energy Limited under Section 31(1) of the Competition Act, 2002. This acquisition involves individual share purchase agreements and provides JSW Neo Energy Limited with an operational renewable portfolio of 1,753 MW. JSW Neo Energy Limited, a subsidiary of JSW Energy Limited, focuses on renewable energy generation, while the subsidiaries of Mytrah Energy are involved in wind and solar power generation. A detailed order from the CCI will be issued later.
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