Current Affairs - National - Discussion

Discussion :: National - Latest Current Affairs (Q.No.1843)

1843. 

The Competition Commission of India (CCI) has approved the acquisition of GMR Kamalanga Energy Limited, by which company?

[A]. JSW Energy Limited
[B]. Nikum Energy Control (India) Ltd.
[C]. Solar Energy Corporation of India Limited
[D]. Simpa Energy India Pvt. Ltd

Answer: Option A

Explanation:

The Competition Commission of India (CCI) has approved the acquisition of GMR Kamalanga Energy Limited, the target, by JSW Energy Limited, the acquirer. The acquisition was done under Section 31(1) of the Competition Act, 2002 on 7 April.

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