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February 13, 2016 3:07 PM ET

Electric Utilities

Company Overview of ONGC Tripura Power Company Ltd.

Company Overview

ONGC Tripura Power Company Ltd. operates a combined cycle gas turbine thermal power plant at Palatana in Tripura. It focuses on supplying power to the power deficit areas of North Eastern states in India. The company was incorporated in 2004 and is based in New Delhi, India. ONGC Tripura Power Company Ltd. operates as a subsidiary of Oil and Natural Gas Corp. Ltd.

6th Floor, A Wing

IFCI Towers

61, Nehru Place

New Delhi,  110019

India

Founded in 2004

Phone:

91 11 2640 2100

Fax:

91 11 2622 7532

Key Executives for ONGC Tripura Power Company Ltd.

Managing Director and Director
General Manager of Plant
Compensation as of Fiscal Year 2015.

ONGC Tripura Power Company Ltd. Key Developments

ONGC Seeks A Partner

ONGC Tripura Power Company Ltd. is looking for a partner for the balance stake.

ONGC Reportedly Eyes Sale Of Petrochem Ventures, Power Project

Oil and Natural Gas Corp. Ltd. (BSE:500312) reportedly plans to divest a 25% interest in each of ONGC Tripura Power Company Ltd., ONGC Petro-Additions Limited and ONGC Mangalore Petrochemicals Limited to strategic investors prior to their public listing. The company is in discussions with several potential buyers. The divestment could together attract funds of at least $1 billion based on investments required by these projects.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 27, 2015
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