CCI approves acquisition of additional shares in Sikkim Urja Ltd by Greenko Energies
New Delhi: The Competition Commission of India (CCI) has approved the acquisition of additional shares in Sikkim Urja Limited (formerly Teesta Urja Limited) by Greenko Energies Private Limited, the anti-trust watchdog said in a press release on Tuesday.
Greenko Energies is a limited liability company incorporated in India. It is an (indirectly) wholly-owned subsidiary of Greenko Mauritius.
Greenko Mauritius is wholly owned by Greenko Energy Holdings (GEH), a company incorporated in Mauritius, which is the holding company of the Greenko group of companies.
GEH is an investment holding company, having its investments in a portfolio of companies engaged in the power generation sector in India.
Sikkim Urja is a special purpose vehicle incorporated for the implementation of the 1200 Mega Watt (MW) (6 Units of 200 MW each) hydropower project in North Sikkim, India.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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