TaxTMI 
TaxTMI 
CCI approves acquisition of GMR Kamalanga Energy Limited by JSW Energy Limited
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....CI approves acquisition of GMR Kamalanga Energy Limited by JSW Energy Limited <br>News and Press Release<br>Dated:- 8-4-2020<br><BR>The Competition Commission of India (CCI) approves the acquisition b....
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....y JSW Energy Limited ("Acquirer") of GMR Kamalanga Energy Limited ("Target"), under Section 31(1) of the Competition Act, 2002, in its meeting held through video conferencing The proposed combination....
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.... envisages the acquisition of the entire (i.e., 100%) shareholding of the Target by the Acquirer. The Acquirer (also through its subsidiaries) is engaged in power generation, power transmission, powe....
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....r trading, coal mining and power equipment manufacturing. Presently, the Acquirer has a power generation capacity of 4,541 MW comprising of portfolio of thermal (3,140 MW), hydro (1,391 MW) and solar ....
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....(10 MW). The Target is engaged in generation of power through its coal based thermal power plant at Kamalanga village, Dhenkanal district, Odisha. Detailed order of the CCI will follow.<BR> News - ....
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....Press release - PIB....