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

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..... -2020

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 Limit .....

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..... ed (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 liste .....

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..... d 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, transmis .....

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..... sion 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.
News - Press release - PIB .....

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