Who has acquired Lanco Amarkantak Power Limited which has been approved by CCI?
A) Tata Power
B) Adani Power Limited
C) Reliance Industry
D) None of these
Answer : B
Description :
Competition Commission of India (CCI) has approved 100 percent acquisition of Lanco Amarkantak Power Limited by Adani Power Limited. Adani Power Limited (Acquirer) is a company of Adani Group. Lanco Amarkantak is a company associated with thermal power generation. The Competition Commission of India is the main national competition regulator in India.
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