+
JSW Neo Energy Gets CCI Nod for O2 Power Acquisition
POWER & RENEWABLE ENERGY

JSW Neo Energy Gets CCI Nod for O2 Power Acquisition

The Competition Commission of India (CCI) has approved JSW Neo Energy Limited’s acquisition of O2 Power Midco Holdings Pte. Ltd. and O2 Energy SG Pte. Ltd., granting JSW Neo full ownership of the O2 Power entities. 

A wholly owned subsidiary of JSW Energy Limited, JSW Neo Energy is focused on expanding its renewable energy portfolio across wind and solar power. The acquisition aligns with its strategy to scale up green energy generation and strengthen its position in India’s competitive renewable sector. 

O2 Power, through its subsidiaries, operates wind and solar power projects, making it a strategic addition to JSW Neo Energy’s portfolio. The deal is expected to boost JSW’s clean energy footprint and support India’s broader sustainability goals. 

CCI’s approval confirms the transaction’s compliance with competition norms, ensuring a smooth transition. A detailed order from the Commission is expected to provide further regulatory insights. As India accelerates its shift towards renewable energy, this acquisition reinforces JSW Neo Energy’s role as a key player in the country’s clean energy future.

(MERCOM)    

The Competition Commission of India (CCI) has approved JSW Neo Energy Limited’s acquisition of O2 Power Midco Holdings Pte. Ltd. and O2 Energy SG Pte. Ltd., granting JSW Neo full ownership of the O2 Power entities. A wholly owned subsidiary of JSW Energy Limited, JSW Neo Energy is focused on expanding its renewable energy portfolio across wind and solar power. The acquisition aligns with its strategy to scale up green energy generation and strengthen its position in India’s competitive renewable sector. O2 Power, through its subsidiaries, operates wind and solar power projects, making it a strategic addition to JSW Neo Energy’s portfolio. The deal is expected to boost JSW’s clean energy footprint and support India’s broader sustainability goals. CCI’s approval confirms the transaction’s compliance with competition norms, ensuring a smooth transition. A detailed order from the Commission is expected to provide further regulatory insights. As India accelerates its shift towards renewable energy, this acquisition reinforces JSW Neo Energy’s role as a key player in the country’s clean energy future.(MERCOM)    

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code