CCI approves ONGC-NTPC’s Ayana acquisition and Greenko stake deal
The Competition Commission of India (CCI) has approved two major transactions in the renewable energy sector. ONGC NTPC Green Private Limited has received clearance to acquire a 100 per cent stake in Ayana Renewable Power Private Limited. Meanwhile, AMG Green Power B.V. has been approved to acquire a stake in Greenko Energy Holdings, and ORIX Corporation will subscribe to certain convertible notes of AM Green (Luxembourg) S.À.R.L. ONGC NTPC Green is a joint venture between…