{"id":405946,"date":"2021-03-20T09:25:16","date_gmt":"2021-03-20T03:55:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=405946"},"modified":"2021-03-20T10:42:54","modified_gmt":"2021-03-20T05:12:54","slug":"competition-commission-approves-tata-power-nesco-deal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/competition-commission-approves-tata-power-nesco-deal\/","title":{"rendered":"Competition Commission approves Tata Power-NESCO deal"},"content":{"rendered":"<p>Competition Commission of India (CCI) on Friday said it has cleared Tata Power NSE 3.58 %&#8217;s proposed acquisition of 51 per cent stake in North Eastern Electricity Supply Company of Odisha Ltd.<\/p>\n<p>The proposed transaction relates to purchase of 51 per cent in NESCO NSE 2.09 % from GRIDCO. This is pursuant to the competitive bidding process initiated by the Odisha Electricity Regulatory Commission, as per a combination notice filed with the regulator.<\/p>\n<p>&#8220;Commission approves acquisition of 51% of equity share capital of North Eastern Electricity Supply Company of Odisha Limited by The Tata Power Company Limited,&#8221; CCI said in a tweet.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Competition Commission of India (CCI) on Friday said it has cleared Tata Power NSE 3.58 %&#8217;s proposed acquisition of 51 per cent stake in North Eastern Electricity Supply Company of Odisha Ltd. The proposed transaction relates to purchase of 51 per cent in NESCO NSE 2.09 % from GRIDCO. This is pursuant to the competitive bidding process initiated by the Odisha Electricity Regulatory Commission, as per a combination notice filed with the regulator. &#8220;Commission approves acquisition of 51% of equity share capital of North Eastern Electricity Supply Company of Odisha Limited by The Tata Power Company Limited,&#8221; CCI said in [&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":[130,239,136],"tags":[],"class_list":["post-405946","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405946","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=405946"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/405946\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=405946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=405946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=405946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}