{"id":353023,"date":"2020-05-26T10:44:44","date_gmt":"2020-05-26T05:14:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=353023"},"modified":"2020-05-26T10:44:44","modified_gmt":"2020-05-26T05:14:44","slug":"ilfs-invites-buyers-to-sell-26-stake-in-ongc-tripura-power","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-invites-buyers-to-sell-26-stake-in-ongc-tripura-power\/","title":{"rendered":"IL&amp;FS invites buyers to sell 26% stake in ONGC Tripura Power"},"content":{"rendered":"<p>MUMBAI: Infrastructure Leasing &amp; Financial Services (IL&amp;FS) group on Monday sought expressions of interest (EoI) from potential buyers to sell its entire 26% stake in gas-based power plant ONGC Tripura Power Company Ltd. The proposed sale is part of IL&amp;FS&#8217; ongoing asset monetisation plan.<\/p>\n<p>Other shareholders in ONGC Tripura are Oil And Natural Gas Corporation Ltd, which holds 50%, American infrastructure investment fund Global Infrastructure Partners, which owns 23.5% through its fund India Infrastructure Fund-II, and the government of Tripura that holds the balance 0.5%, on a fully diluted basis.<\/p>\n<p>To be eligible to submit an EoI, corporate buyers must have a minimum net worth of \u20b9150 crore as per the audited balance sheet as of 31 March, 2019, or later. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: Infrastructure Leasing &amp; Financial Services (IL&amp;FS) group on Monday sought expressions of interest (EoI) from potential buyers to sell its entire 26% stake in gas-based power plant ONGC Tripura Power Company Ltd. The proposed sale is part of IL&amp;FS&#8217; ongoing asset monetisation plan. Other shareholders in ONGC Tripura are Oil And Natural Gas Corporation Ltd, which holds 50%, American infrastructure investment fund Global Infrastructure Partners, which owns 23.5% through its fund India Infrastructure Fund-II, and the government of Tripura that holds the balance 0.5%, on a fully diluted basis. To be eligible to submit an EoI, corporate buyers must [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-353023","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/353023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=353023"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/353023\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=353023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=353023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=353023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}