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CCI approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limited (APL)

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....CI approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limited (APL) <br>News and Press Release<br>Dated:- 31-7-....

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....2020<br><BR>The Competition Commission of India (CCI) approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limite....

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....d (APL). The proposed transaction relates to the acquisition of 49% of the total equity share capital of OPGC by APL (Proposed Combination). APL, is a public listed company and its shares are listed....

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.... on the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited. It is a part of the Adani Group, which is inter-alia engaged in the business operations of generation, transmiss....

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....ion and distribution of power in India. APL is primarily engaged in the business of power generation. OPGC, incorporated in Odisha, is a joint venture between Government of Odisha, AES India Private ....

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....Limited and AES OPGC Holding and operates as a state government company. OPGC is engaged in the business of power generation. Detailed order of the CCI will follow.<BR> News - Press release - PIB....