{"id":447760,"date":"2021-11-06T11:43:44","date_gmt":"2021-11-06T06:13:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=447760"},"modified":"2021-11-06T11:43:44","modified_gmt":"2021-11-06T06:13:44","slug":"nclt-approves-gail-buying-ilfss-26-stake-in-otpc","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclt-approves-gail-buying-ilfss-26-stake-in-otpc\/","title":{"rendered":"NCLT approves GAIL buying IL&amp;FS&#8217;s 26% stake in OTPC"},"content":{"rendered":"<p>The National Company Law Tribunal has approved state-owned gas utility GAIL NSE 0.63 % (India) Ltd&#8217;s acquisition of bankrupt Infrastructure Leasing and Financial Services&#8217; 26 per cent stake in ONGC Tripura Power Company (OTPC), GAIL said on Friday.<\/p>\n<p>OTPC is a special purpose vehicle between Oil and Natural Gas Corporation (ONGC), IL&amp;FS Group and Government of Tripura (GoT) for setting up of a 726.6 MW combined cycle gas turbine (CCGT) thermal power plant at Palatana, Tripura.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Tribunal has approved state-owned gas utility GAIL NSE 0.63 % (India) Ltd&#8217;s acquisition of bankrupt Infrastructure Leasing and Financial Services&#8217; 26 per cent stake in ONGC Tripura Power Company (OTPC), GAIL said on Friday. OTPC is a special purpose vehicle between Oil and Natural Gas Corporation (ONGC), IL&amp;FS Group and Government of Tripura (GoT) for setting up of a 726.6 MW combined cycle gas turbine (CCGT) thermal power plant at Palatana, Tripura.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-447760","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447760","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=447760"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/447760\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=447760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=447760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=447760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}