In Short : REC Power Development and Consultancy Limited (RECPDCL) has successfully handed over Rajasthan IV-A Power Transmission Limited to M/s Apraava Energy Private Limited. This transfer marks a significant step in India’s power sector, with Apraava Energy taking charge of operations and maintenance. The move is part of broader efforts to enhance the efficiency […]
The Competition Commission of India (CCI) approves acquisition of stake in Apraava Energy Private Limited (Target) by CDPQ Infrastructures Asia II Pte. Ltd. (Acquirer) under Section 31(1) of the Competition Act, 2002. The Proposed Combination pertains to the acquiring an additional 10% shareholding in the Target from CPL GPEC (Mauritius) Holding Limited. The Acquirer presently […]