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Amalgamation of power company India Power Corporation into DPSC approved

 |  April 15, 2012

The Competition Commission of India has approved India Power Corporation’s amalgamation into DPSC. India Power’s investments, which are held in an investment trust, will be transferred to DPSC. Among India Power’s investments is a special purpose vehicle for setting up a thermal power plant in Haldia. Under the terms of the amalgamation scheme, DPSC will change its name to India Power Corporation.

Full content: The Hindu Business Line


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