CCI okays Torrent Power’s proposal to acquire Nabha Power from L&T’s arm

The Competition Commission of India has approved Torrent Power’s acquisition of Nabha Power Ltd. This deal involves Torrent Power acquiring 100 percent equity stakes in Nabha Power. The acquisition will increase Torrent’s operational capacity significantly. Nabha Power operates a thermal power plant in Punjab. This approval marks a key step in the transaction.

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