Lakhanpur in Odisha to Get 10 MW Solar Plant by APM Projects
APM Projects has been awarded a contract by the Central Mine Planning and Design Institute (CMPDI) for the development of a 10 MW grid-connected solar power plant in Lakhanpur, Odisha. The project, with an estimated value of approximately Rs 487.33 million, reflects India’s continued focus on advancing sustainable energy solutions.The solar power facility will cover an area of 15 hectares in Kirarama village, located in Jharsuguda district, and is aimed at strengthening the energy infrastructure supporting the Mahanadi Coalfields region. Under the agreement, APM Projects will be responsible ..
CCI Clears Knowledge Realty REIT's Acquisition of Blackstone, Sattva Units
The Competition Commission of India has approved the acquisition by Knowledge Realty Trust of various entities linked to the Blackstone Group and/or Sattva Group.The proposed transaction involves the direct and indirect acquisition by Knowledge Realty Trust—acting through its manager, Knowledge Realty Office Management Services Private Limited (formerly Trinity Office Management Services Private Limited)—of a number of target entities. These include companies solely owned by Blackstone, others by Sattva, and some jointly held by both groups. In exchange for this acquisition, the existing s..
CCI Approves Indorama’s 24.9 per cent Stake Buy in EPL Limited
The Competition Commission of India has approved the proposed acquisition of a 24.9 per cent equity stake in EPL Limited by Indorama Netherlands B.V.The transaction involves Indorama Netherlands B.V., a private limited liability company incorporated in the Netherlands and an indirect subsidiary of Indorama Ventures Public Company Limited, acquiring nearly a quarter of EPL Limited’s share capital.EPL Limited operates in the packaging sector, specialising in the manufacture and sale of laminated and extruded plastic tubes.A detailed order from the Commission is expected to be issued shortly. ..
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