Other Private Equity/Strategic Investments

Singapore-based Summit Power to acquire 23.5% stake buy in ONGC Tripura Power Co

PTI  

Fair trade regulator Competition Commission of India (CCI) has approved the acquisition of a 23.5% stake in ONGC Tripura Power Company Ltd by Singapore-based Summit India (Tripura), a unit of Summit Power International Limited. ONGC Tripura operates a 726.6 MW, fully operational natural gas based power plant in Palatana, Tripura, supplying power to North-East India.

Want to receive such news items in your inbox? Click Here to sign up for a trial.

2021 © TSJ Media Pvt Ltd. All rights reserved.