CCI approves Jindal Jhajjar Power's acquisition of Jhajjar Power
after close1 source ↓written by the desknot a recommendation
- in Jhajjar Power
- 100% shareholding
The Competition Commission of India (CCI) has approved Jindal Jhajjar Power Limited's acquisition of 100% shareholding in Jhajjar Power Limited. This move allows Jindal Jhajjar Power, a subsidiary of Jindal Power Limited, to enhance its position in the thermal power sector. The approval facilitates the consolidation of these power entities, potentially impacting market dynamics in energy production.
Not investment advice. For informational purposes only.