{"id":365892,"date":"2020-07-31T12:29:02","date_gmt":"2020-07-31T06:59:02","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365892"},"modified":"2020-07-31T13:55:41","modified_gmt":"2020-07-31T08:25:41","slug":"cci-okays-adanis-49-stake-in-opgc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/cci-okays-adanis-49-stake-in-opgc\/","title":{"rendered":"CCI Okays Adani\u2019s 49% stake in OPGC"},"content":{"rendered":"<p>The Competition Commission of India (CCI) on Thursday approved the proposed acquisition of 49% stake in the Odisha Power Generation Corporation Limited (OPGC) by the Adani Power Limited (APL).<\/p>\n<p>The proposed transaction relates to the acquisition of 49% of the total equity share capital of OPGC by APL (Proposed Combination).<\/p>\n<p>The APL is a public-listed company and its shares are listed on the Bombay Stock Exchange and the National Stock Exchange of India. It is a part of the Adani Group, which is, inter-alia, engaged in the business operations of generation, transmission and distribution of power in the country. It is primarily engaged in the business of power generation.<\/p>\n<p>The OPGC, incorporated in Odisha, is a joint venture between the Government of Odisha, the AES India Private Limited and the AES OPGC Holding and operates as a State Government company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Competition Commission of India (CCI) on Thursday approved the proposed acquisition of 49% stake in the Odisha Power Generation Corporation Limited (OPGC) by the Adani Power Limited (APL). The proposed transaction relates to the acquisition of 49% of the total equity share capital of OPGC by APL (Proposed Combination). The APL is a public-listed company and its shares are listed on the Bombay Stock Exchange and the National Stock Exchange of India. It is a part of the Adani Group, which is, inter-alia, engaged in the business operations of generation, transmission and distribution of power in the country. It [&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":[130,244,144],"tags":[],"class_list":["post-365892","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365892","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=365892"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365892\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}