2015 (4) TMI 271

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....CT, 2002 1. On 26th March, 2014, the Competition Commission of India (hereinafter referred to as the "Commission") received a notice under sub-section (2) of Section 6 of the Competition Act, 2002 (hereinafter referred to as the "Act") given by TAQA India Power Ventures Private Limited (hereinafter referred to as "TAQA India"), Indo-Infra Inc. (hereinafter referred to as "Indo-Infra") and India....

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....o be incorporated to invest in and operate power assets in India and provide ancillary services. As per the information provided in the notice, presently, TAQA Group, in addition to its controlling stake in TAQA Neyveli Power Company Private Ltd. (an Indian company that owns and operates a 250 MW power plant in Neyveli, Tamil Nadu), has five percent stake in Himachal Sorang Power Ltd., an Indian c....

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....e of raising capital for making portfolio investments in infrastructure projects. IDFC Alternatives Limited is the investment manager of IIF-II. 5. JPVL, a listed company incorporated in India, is primarily engaged in the business of power generation in India. 6. In terms of Regulation 14 of the Competition Commission of India (Procedure in regard to the transaction of business relating to c....

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....m-Wangtoo hydroelectric power project,1 both situated in Himachal Pradesh [collectively (i) and (ii) referred to as the "Target Projects"]. It has been stated in the notice that JPVL would internally restructure its business and transfer the Target Projects into two newly incorporated companies (collectively referred to as "Target SPVs") through a court approved scheme of arrangement; and on trans....