The Competition Commission of India (CCI) has approved the acquisition of 74.50% of the issued and paid-up share capital of THDC India (Target) by NTPC (Acquirer) from Government of India (GoI).
THDC is a government company with 74.50% of its total shares held by the Government of India and 25.50% of its shares held by the Government of Uttar Pradesh as on March 31, 2019. The Target is a Central Public Sector Unit and under the administrative control of the Ministry of Power, GoI.
NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.
| Company Name | CMP |
|---|---|
| NTPC | 402.20 |
| Tata Power | 436.00 |
| Adani Power | 225.15 |
| Power Grid Corp | 313.90 |
| Torrent Power | 1724.80 |
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