IL&FS puts renewable energy arms on the block
Wednesday, November 28, 2018, 7:52 PM
Cash-strapped Infrastructure Leasing & Financial Services (IL&FS) Group on Wednesday said it had initiated a process to sell its stake in the renewal energy business. The renewable assets of the group include operating wind power plants with an aggregate capacity of 873.5 megawatt (MW), and under-construction wind power plants worth 104-MW capacity. IL&FS Group has a debt of over Rs 94,200 crore.
Tripura government set to buy IL&FS shares in Palatana project
Saturday, November 10, 2018, 7:22 PM
The Tripura government will soon start dialogue for purchase of 26% equity shares of the Palatana gas thermal power project from Infrastructure Leasing and Financial Services (IL&FS). The 726.6 Megawatt (MW) gas-based power project, run by ONGC Tripura Power Company (OTPC), was launched in 2014 as a joint venture between ONGC, IDFC, IL&FS and the Tripura government.