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        <h1>ONGC-NTPC Green's Rs 19,500 Crore Acquisition of Ayana Renewable Power Approved, Boosting India's Renewable Sector.</h1> The Competition Commission of India has approved the acquisition of Ayana Renewable Power Pvt Ltd by ONGC-NTPC Green Pvt Ltd for Rs 19,500 crore (USD 2.3 billion). ONGC-NTPC Green, a joint venture between ONGC Green and NTPC Green Energy Ltd, aims to acquire a 100% equity stake in Ayana. This transaction marks the second largest deal in the renewable energy sector, following Adani Green Energy's acquisition of SB Energy India in 2021. Ayana operates a renewable energy platform with approximately 4.1 GW of assets in various resource-rich states.

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