The Competition Commission of India (CCI) has given the green light to Greenko Energies Private Limited’s move to acquire more shares in Sikkim Urja Limited (formerly known as Teesta Urja Limited).

Greenko Energies, an Indian company and a subsidiary of Greenko Mauritius, received approval for its additional investment in Sikkim Urja, a special purpose vehicle dedicated to the development of a 1200 Mega Watt hydro power project in North Sikkim, India.

This acquisition marks a strategic move for Greenko Energies as it strengthens its presence in the power generation sector in the country.