The Competition Commission of India (CCI) has approved Torrent Power’s acquisition of Nabha Power Ltd, marking a significant development in the energy sector.
Torrent Power is set to acquire 100 percent equity stakes in Nabha Power, a move that will substantially increase Torrent’s operational capacity. Nabha Power operates a thermal power plant located in Punjab.
The approval from the CCI represents a key step forward in the completion of this transaction, indicating regulatory compliance and paving the way for Torrent Power to integrate Nabha Power into its portfolio.
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