IL&FS invites EoI for 26 per cent in Tripura power plant
POWER & RENEWABLE ENERGY

IL&FS invites EoI for 26 per cent in Tripura power plant

The IL&FS group has invited EoIs for the purchase of its stake in the ONGC Tripura power plant JV. The group holds a 26 per cent interest in the gas-based power plant. According to a report, ONGC could also bid for this stake. In order to monetise the investment made by the IL&FS Group in ONGC Tripura Power Co (OTPC), ILFS said in a statement that EoIs are invited for the acquisition of its 26 per cent stake, subject to necessary approvals. The last date to submit bids is June 8. The project entailed debt of Rs.30.35 bn and equity investment of Rs.101.18

The IL&FS group has invited EoIs for the purchase of its stake in the ONGC Tripura power plant JV. The group holds a 26 per cent interest in the gas-based power plant. According to a report, ONGC could also bid for this stake. In order to monetise the investment made by the IL&FS Group in ONGC Tripura Power Co (OTPC), ILFS said in a statement that EoIs are invited for the acquisition of its 26 per cent stake, subject to necessary approvals. The last date to submit bids is June 8. The project entailed debt of Rs.30.35 bn and equity investment of Rs.101.18 bn.Contact: Arun K Saha, CEO, IL&FS.Address: Plot C22, G Block Bandra Kurla Complex, Bandra East, Mumbai-400 051.Tel: 022-2653 3333/3232.E-mail: info@ilfsindia.comWebsite: www.ilfsindia.com

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