CCI Approves Acquisition of O2 Power Midco Holdings and O2 Energy SG

18 Mar 2025 CW Team

The Competition Commission of India (CCI) has granted approval for JSW Neo Energy Limited to acquire 100% shareholding of O2 Power Midco Holdings Pte. Ltd. and O2 Energy SG Pte. Ltd.

Key Highlights of the Acquisition Acquirer – JSW Neo Energy Limited

A wholly owned subsidiary of JSW Energy Limited (JEL), which is a publicly listed entity under the JSW Group. Engaged in power generation and transmission, covering both conventional and renewable energy sources. Target Companies – O2 Power Midco Holdings & O2 Energy SG

The target entities and their subsidiaries operate in the renewable energy sector, specialising in wind and solar power generation. Significance of the Deal

Strengthens JSW Neo Energy’s position in India’s renewable energy market. Aligns with JSW Group’s expansion strategy in clean energy. Supports India’s commitment towards green energy transition. The detailed order from the Competition Commission of India will follow.

Infrastructure Transport

06 Aug 2026

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..