NCLT Approves GE Power India-JSW Energy Scheme, Clears Transfer Of Thermal Power Equipment Business
Mumbai, October 2, 2026: The National Company Law Tribunal (NCLT) has sanctioned the Scheme of Arrangement between GE Power India Limited and JSW Energy Limited, paving the way for the transfer of GE Power India’s identified thermal power equipment business to JSW Energy. The order, pronounced on October 1, 2026, approves the demerger and vesting of GE Power India’s “Demerged Undertaking” in JSW…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
