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of <h1>Competition Commission of India Approves Full Acquisition of Lanco Amarkantak Power by PFC, REC, SJVN, and Damodar Valley.</h1> The Competition Commission of India has approved the acquisition of 100% shareholding in Lanco Amarkantak Power Limited by PFC Projects Limited, REC Limited, SJVN Limited, and Damodar Valley Corporation. PFC Projects, a subsidiary of Power Finance Corporation, focuses on power generation and distribution. REC is an infrastructure finance company under the Reserve Bank of India. SJVN, held by the Government of Himachal Pradesh and public shareholders, operates various projects in India. Damodar Valley Corporation, established under the Damodar Valley Corporation Act, 1948, is involved in power generation and transmission. Lanco Amarkantak Power Limited is engaged in power generation in India.
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