ONGC, GIP, Tripura govt look to buy IL&FS’s 26% stake in OTPC1 min read . Updated: 19 May 2019, 10:12 PM IST
- ONGC has a 50% stake in ONGC Tripura Power, while GIP holds a 23.5% stake and Tripura govt 0.5%
- the 726.6MW project is an integral part of the govt’s efforts to develop infra in North-East
NEW DELHI : State-run Oil and Natural Gas Corp. Ltd (ONGC), Global Infrastructure Partners (GIP) and the Tripura government are seeking to buy Infrastructure Leasing & Financial Services Ltd’s (IL&FS) 26% stake in the ₹3,804-crore ONGC Tripura Power Co. Ltd (OTPC), which runs the Palatana power project in Tripura.
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