CCI Clears Jindal Jhajjar’s 100% Acquisition of Jhajjar Power
POWER & RENEWABLE ENERGY

CCI Clears Jindal Jhajjar’s 100% Acquisition of Jhajjar Power

The Competition Commission of India has approved the proposed acquisition of the entire shareholding of Jhajjar Power Limited by Jindal Jhajjar Power Limited. The transaction forms part of a broader consolidation, with the Acquirer set to obtain 100 per cent ownership of the Target company.

Jindal Jhajjar Power Limited is a wholly owned subsidiary of Jindal Power Limited, which is engaged in power generation, including thermal power. Jhajjar Power Limited is also active in the thermal power segment.

A detailed order from the Commission will be issued separately.

The Competition Commission of India has approved the proposed acquisition of the entire shareholding of Jhajjar Power Limited by Jindal Jhajjar Power Limited. The transaction forms part of a broader consolidation, with the Acquirer set to obtain 100 per cent ownership of the Target company. Jindal Jhajjar Power Limited is a wholly owned subsidiary of Jindal Power Limited, which is engaged in power generation, including thermal power. Jhajjar Power Limited is also active in the thermal power segment. A detailed order from the Commission will be issued separately.

Next Story
Real Estate

BXB Estates Sets AED 110 Million Jumeirah Golf Estates Record

BXB Estates has completed an AED 110 million residential transaction at Jumeirah Golf Estates, setting a new sales record for the prestigious Dubai residential community.Negotiated by Alfie Tabrez, Managing Partner of BXB Estates, the deal surpassed the previous record of AED 58 million for a completed ready villa in the development.The six-bedroom residence offers 21,714 sq ft of built-up space on a 15,873-sq-ft plot. It features nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace.The property also includes a dedicated wellness area comprising a ..

Next Story
Infrastructure Urban

SECR Floats Rs 6,019 Mn EPC Tender For Paradol Nagpur Link

South East Central Railway (SECR) has invited bids for an Engineering, Procurement and Construction (EPC) contract to build a new broad gauge single line between Paradol Takeoff Point and Nagpur Road Station in Chhattisgarh. The contract carries an estimated cost of Rs 6,019.0 mn and requires an earnest money deposit of Rs 120.4 mn. The work is framed as an EPC assignment intended to strengthen regional rail infrastructure. The tender, issued under number CAO-C-BSP-26-27-15, specifies a completion period of 730 days and a bid validity of 180 days. Two pre-bid meetings are scheduled for 24 Augu..

Next Story
Infrastructure Transport

Indian Railways Reports Nine Per Cent Rise In July Freight Loading

Indian Railways handled 141.3 million tonnes (141.3 mn t) of freight in July, marking a rise of nine per cent year on year. Freight loading maintained a positive trajectory across the network compared with the same month last year. Passenger traffic also increased in July, contributing to higher overall network utilisation. The July outcome continued a pattern of steady monthly gains, reflecting gradual improvement in industrial and logistics activity. The growth in freight volumes reflected stronger demand across multiple sectors and improvements in logistics and train turnarounds. Enhanced r..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement