JSW Energy Limited to Acquire GMR Kamalanga Energy Limited

April 08, 2020
Current Context: The Competition Commission of India (CCI) has approved the acquisition of GMR Kamalanga Energy Limited by JSW Energy Limited.
JSW Energy Limited to Acquire GMR Kamalanga Energy Limited
  • JSW Energy Limited will acquire 100% stakes of GMR Kamalanga Energy Limited.
  • GMR Kamalanga Energy Limited generates power through coal based thermal power plant at Kamalanga village, Odisha. Whereas, theoperational generating capacity of JSW Energy is 5681 MW and products of JSW Energy include electricity generation and transmission, hydroelectricity, energy trading, mining, power plant equipment manufacturing.
  • The acquisition was done under Section 31(1) of the Competition Act, 2002.

Static Part: 

  • HQ of JSW Energy Limited: Mumbai
  • Chairman: Sajjan Jindal
  • HQ of CCI: New Delhi

Question:

Q.1 CCI has approved the acquisition of GMR Kamalanga Energy Limited by whom?
a. Reliance Industries
b. Gujarat Industries Power Company Ltd.
c. NLC India Ltd.
d. JSW Energy Limited

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience