CCI approves acquisition of Mytrah Energy by JSW Neo Energy

03 Oct 2022 CW Team

The Competition Commission of India (CCI) has approved the acquisition of the share capital of 18 subsidiaries of Mytrah Energy (India) by JSW Neo Energy under Section 31(1) of the Competition Act, 2002, as per the press release. The proposed combination pertains to the acquisition of the shareholding of 18 subsidiaries of Mytrah Energy through individual share purchase agreements by JSW Neo Energy. Th gives Mytrah Energy an opportunity to acquire an operational, renewable portfolio of 1,753 MW. The acquirer, JSW Neo Energy, is a wholly owned subsidiary of JSW Energy (JEL) and was incorporated as per JEL’s proposed reorganisation of its energy business into grey (thermal) and green (renewable). Currently, JSW Neo Energy is engaged in power generation through renewable sources of energy such as hydro and solar.

Also read:
GE Renewable Energy to supply turbines to Continuum Green
NDMC unveils draft solar policy 2022

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..