CCI Okays 96.42% Equity Buy In Jindal Power By Worldone

CCI decides to buy 96.42 per cent equity in Jindal Power by Worldone

Competition Commission has approved acquisition of 96.42 per cent stake in Jindal Power by Worldone


New Delhi:

The Competition Commission of India (CCI) on Thursday said it has approved the acquisition of 96.42 per cent equity stake in Jindal Power Ltd by Worldone Private Limited.

Worldone Private Limited (Worldone) is an investment holding company with investments in various listed and unlisted companies. Jindal Power Limited (JPL) is primarily engaged in the business of generating thermal power by using coal as a fuel source.


The proposed combination pertains to acquisition of 96.42 per cent equity shareholding in JPL by Worldone. The relevant markets associated with the transaction are – the market for coal-based thermal power generation in India and the market for power transmission in India – the CCI said in a statement.


Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
sekabet - -

- adana eskort - eskort eskişehir - samsun eskort - bursa eskort - eskort mersin -

web tasarım