CCI Clears JSW Energy's Full Acquisition of KSK Mahanadi Power

06 Mar 2025 CW Team

The Competition Commission of India has approved the proposed acquisition of 100 per cent shareholding in KSK Mahanadi Power Company by JSW Energy.

JSW Energy (JSWEL) is a public listed company having established its presence across the value chains of the power sector with diversified assets in power generation, transmission and trading with strong operations, robust corporate governance and prudential capital allocation. Presently, JSWEL (through its subsidiaries) is engaged in power generation, power transmission, power trading, coal mining, and power equipment manufacturing.

JSW Thermal Energy One (JSW Thermal) is a newly formed wholly owned subsidiary of JSWEL, incorporated in October 2024 for the purposes of facilitating the Proposed Transaction. JSW Thermal currently does not have any business activities of its own.

KSK Mahanadi Power Company (KMPCL) was incorporated in 2009 and is involved in the business of generation and sale of power. Currently, KMPCL is generating and supplying power through its thermal power plant of 6 x 600 MW situated at Janjgir- Champa District, Chhattisgarh. Currently KMPCL is undergoing the Corporate Insolvency Resolution Process (CIRP).

The Proposed Transaction involves the acquisition of 100 per cent shareholding in KMPCL (which is currently undergoing CIRP initiated under the Insolvency and Bankruptcy Code, 2016), by JSWEL (through JSW Thermal) (Proposed Combination).

News source: PIB

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..