{"id":338943,"date":"2020-02-25T12:28:31","date_gmt":"2020-02-25T06:58:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338943"},"modified":"2020-02-25T13:46:19","modified_gmt":"2020-02-25T08:16:19","slug":"ntpcs-74-5-stake-buy-in-thdc-india-gets-nod-of-competition-panel","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ntpcs-74-5-stake-buy-in-thdc-india-gets-nod-of-competition-panel\/","title":{"rendered":"NTPC\u2019s 74.5% stake-buy in THDC India gets nod of competition panel"},"content":{"rendered":"<p>The Competition Commission of India (CCI) has approved the acquisition of 74.50 per cent paid-up share capital of THDC India Limited (THDCIL) by NTPC Limited. NTPC is buying these shares from the Government of India, and the approval is under Section 31(1) of the Competition Act, 2002.<\/p>\n<p>The balance of THDC\u2019s shares continue to held by the Government of Uttar Pradesh.<\/p>\n<p>NTPC will be forking out close to \u20b915,000 crore this fiscal to buy out the Centre\u2019s stake in North Eastern Electric Power Corporation Ltd (NEEPCO) and THDC.<\/p>\n<p>According to company officials in the know, NTPC is planning to complete the buyout by the end of financial year 2019-20 in a bid to aid the Centre that is struggling to meet its disinvestment targets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Competition Commission of India (CCI) has approved the acquisition of 74.50 per cent paid-up share capital of THDC India Limited (THDCIL) by NTPC Limited. NTPC is buying these shares from the Government of India, and the approval is under Section 31(1) of the Competition Act, 2002. The balance of THDC\u2019s shares continue to held by the Government of Uttar Pradesh. NTPC will be forking out close to \u20b915,000 crore this fiscal to buy out the Centre\u2019s stake in North Eastern Electric Power Corporation Ltd (NEEPCO) and THDC. According to company officials in the know, NTPC is planning to complete [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-338943","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338943","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=338943"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338943\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}