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GE Power India Ltd is engaged in business of engineering, procurement & construction (EPC) of key equipment for thermal and hydro power plants. It is one of the leading players in the Indian power generation equipment market.
GE Power India (GEPIL) just received key 'No Objection' from NSE and 'No Adverse Observations' from BSE for its strategic arrangement with JSW Energy (JSWEL). This deal involves GEPIL transferring its business to JSWEL, aiming for operational consolidation and synergy. GEPIL shareholders are set to become JSWEL shareholders, gaining exposure...