{"id":619432,"date":"2023-11-25T10:02:52","date_gmt":"2023-11-25T04:32:52","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=619432"},"modified":"2023-11-25T11:00:28","modified_gmt":"2023-11-25T05:30:28","slug":"ilfs-puts-stake-in-power-firm-up-for-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ilfs-puts-stake-in-power-firm-up-for-sale\/","title":{"rendered":"IL&amp;FS puts stake in power firm up for sale"},"content":{"rendered":"<p>Debt-laden Infrastructure Leasing &amp; Financial Services (IL&amp;FS) has put its stake in IL&amp;FS Tamil Nadu Power Company (ITPCL) up for sale and has invited expressions of interest from potential bidders. <\/p>\n<p>ITPCL is a subsidiary of IL&amp;FS Energy Development Company (IEDCL), another IL&amp;FS Group company. IL&amp;FS is looking divest its complete shareholding in ITPCL, which is held through a 92.42% stake by IEDCL and IL&amp;FS and Foreign Currency Convertible Debentures of Rs 240 crore owned by IEDCL, the company said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt-laden Infrastructure Leasing &amp; Financial Services (IL&amp;FS) has put its stake in IL&amp;FS Tamil Nadu Power Company (ITPCL) up for sale and has invited expressions of interest from potential bidders. ITPCL is a subsidiary of IL&amp;FS Energy Development Company (IEDCL), another IL&amp;FS Group company. IL&amp;FS is looking divest its complete shareholding in ITPCL, which is held through a 92.42% stake by IEDCL and IL&amp;FS and Foreign Currency Convertible Debentures of Rs 240 crore owned by IEDCL, the company said in a statement.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,240,138],"tags":[],"class_list":["post-619432","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619432","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=619432"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/619432\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=619432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=619432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=619432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}