<h1>JSW Energy Gains Approval to Acquire KSK Mahanadi Power Amid Insolvency Proceedings Under Insolvency and Bankruptcy Code, 2016.</h1> The Competition Commission of India has approved JSW Energy Limited's acquisition of 100% shareholding in KSK Mahanadi Power Company Limited. JSW Energy, a public company with a diverse presence in the power sector, will execute this acquisition through its subsidiary, JSW Thermal Energy One Limited. KSK Mahanadi, established in 2009, operates a thermal power plant in Chhattisgarh and is currently undergoing a Corporate Insolvency Resolution Process. This transaction, facilitated by JSW Thermal, involves the complete takeover of KSK Mahanadi, which is under insolvency proceedings as per the Insolvency and Bankruptcy Code, 2016.