CCI approves JSW Neo Energy’s acquisition of O2 Power

The Competition Commission of India has approved the acquisition of a 100 per cent shareholding in O2 Power Midco Holdings Pte Limited and O2 Energy SG Pte Limited by JSW Neo Energy Limited. JSW Neo Energy is a wholly-owned subsidiary of JSW Energy Limited, which is engaged in power generation and transmission through conventional and non-conventional sources. O2 Power Midco Holdings and O2 Energy SG, through their subsidiaries, are involved in renewable power generation, including wind and solar energy.