NEW DELHI: The Competition Commission on Thursday said it has approved Adani Power’s proposed purchase of 49 percent stake in Odisha Power Generation Corporation Ltd (OPGC).
In June, Adani Power announced acquiring US-based The AES Corporation’s 49 percent stake in OPGC for USD 135 million (around Rs 1,019 crore).
OPGC operates a 1,740 MW thermal power plant at Banharpalli in Jharsuguda district, Odisha.
