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Tripura govt to start talks to buy IL&FS shares of Palatana project: Minister
The Tripura government will soon start dialogue for purchase of 26 per cent equity shares of the Palatana gas thermal power project from the Infrastructure Leasing and Financial Services (IL&FS). The 726.6 mw gas based power project, run by ONGC Tripura Power Company (OTPC), was formally started in 2014 as a joint venture of the ONGC, the IDFC, the IL&FS and the Tripura government. We have come to know from the central government that the IL&FS will offload its entire 26 per cent share.
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