Thursday, July 17, 2025 | 09:57 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

IL&FS invites EoI for 26% in Tripura power plant, sources say ONGC may bid

IL&FS engages Arpwood Capital and JM Financial for deal; project cost entails debt of Rs 3,035 cr and equity investment of Rs 10,118 cr

IL&FS board files affidavit with NCLAT; 3 amber entities may become green
premium

IL&FS said the plant was one of the largest gas-based power plants operating at a high plant load factor.

Amritha Pillay Mumbai
The IL&FS group said on Monday that it has invited expressions of interest (EoIs) for the purchase of its stake in ONGC Tripura power plant joint venture. The group holds 26 per cent interest in the gas-based power plant. According to people in the know, ONGC could also bid for this stake.

In order to monetise the investment made by the IL&FS group in ONGC Tripura Power Company (OTPC), EoIs are invited for the acquisition of its 26  per cent stake, subject to necessary approvals, ILFS said in a statement.

The last date to submit bids is June 8. IL&FS