The Competition Commission of India has approved the proposed acquisition of 100% shareholding of Jhajjar Power Limited by Jindal Jhajjar Power Limited

The proposed combination involves the acquisition of 100% shareholding of Jhajjar Power Limited (Target) by Jindal Jhajjar Power Limited (Acquirer) (Proposed Combination).

The Acquirer is a wholly-owned subsidiary of Jindal Power Limited (JPL). JPL is engaged in power (including thermal power) production.

The Target is engaged in thermal power production.

Detailed order of the Commission will follow.

Acquisition of Jhajjar Power by Jindal Jhajjar Power approved; both entities operate in thermal power production. The Competition Commission approved the proposed acquisition of 100% shareholding of Jhajjar Power Limited by Jindal Jhajjar Power Limited; the Acquirer is a wholly owned subsidiary of Jindal Power Limited and both parties are engaged in thermal power production; the Commission's detailed order will follow.