CCI approves acquisition of Teesta Urja Limited by Greenko Mauritius

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....CI approves acquisition of Teesta Urja Limited by Greenko Mauritius <br>News and Press Release<br>Dated:- 12-3-2020<br><BR>The Competition Commission of India (CCI) approves the acquisition by Greenko....

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.... Mauritius (Acquirer/Greenko) in Teesta Urja Limited (Target/TUL), under Section 31(1) of the Competition Act, 2002. The proposed combination relates to the acquisition by Greenko of approximately 35....

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....% equity stake in the paid-up equity share capital of TUL (Proposed Combination). Acquirer is a wholly-owned subsidiary of Greenko Energy Holdings, incorporated in Mauritius. It is an investment hold....

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....ing company, having its investments in a portfolio of companies engaged in the power generation sector in India. Target is a special purpose vehicle incorporated for the purpose of implementation of ....

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....1200 MW (6 units of 200 MW each) hydro power project in North Sikkim, Sikkim. Detailed order of the CCI will follow. **** RM/KMN<BR> News - Press release - PIB....