TaxTMI 
TaxTMI 
CCI approves acquisition by Adani Power Limited of share capital of Diliigent Power Private Limited and DB Power Limited
X X X X Extracts X X X X
X X X X Extracts X X X X
....CI approves acquisition by Adani Power Limited of share capital of Diliigent Power Private Limited and DB Power Limited <br>News and Press Release<br>Dated:- 29-9-2022<br><BR>The Competition Commissio....
X X X X Extracts X X X X
X X X X Extracts X X X X
....n of India (CCI) approves acquisition by Adani Power Limited (Acquirer) of share capital of Diliigent Power Private Limited (Diliigent Power) and DB Power Limited (DB Power) [Diliigent Power and DB Po....
X X X X Extracts X X X X
X X X X Extracts X X X X
....wer are collectively referred to as Targets]. The Proposed Combination involves the acquisition of the 100% of the share capital and economic rights of the Targets by the Acquirer. The Acquirer is a....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... public listed company incorporated in India with its shares listed on BSE Limited as well as the National Stock Exchange of India Limited. The Acquirer is a power company with eight operational power....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... plants in India. It has power generation capacity of 13,650 MW comprising thermal power plants in Gujarat, Maharashtra, Karnataka, Rajasthan, and Chhattisgarh and a 40 MW solar power project in Gujar....
X X X X Extracts X X X X
X X X X Extracts X X X X
....at. Diliigent Power is primarily engaged in the activities of a holding company. It also provides project management and consultancy services, limited to DB Power. DB Power operates a coal based the....
X X X X Extracts X X X X
X X X X Extracts X X X X
....rmal power plant with an installed capacity of 1200 MW per hour in Chhattisgarh. Detailed order of the CCI will follow.<BR> News - Press release - PIB....