Competition Commission of India (CCI)

• 29 Mar 2024

Recently, CCI approved 100% acquisition of Lanco Amarkantak Power Limited by Adani Power Limited.

• Adani Power engaged in thermal power generation in India.
• Operates thermal power plants across Gujarat, Maharashtra, Karnataka, Rajasthan, Chhattisgarh, Jharkhand, and Madhya Pradesh.
• Lanco Amarkantak part of Lanco Group, involved in thermal power generation.
• Lanco Amarkantak undergoing corporate insolvency resolution process.
• Acquisition involves 100% equity share capital of Lanco Amarkantak by Adani Power.