When was Ongc Tripura Power Company Ltd founded?
Ongc Tripura Power Company Ltd was founded in 2008.
Where are Ongc Tripura Power Company Ltd headquarters?
Ongc Tripura Power Company Ltd headquarters are in Laxmi Nagar, 10th Floor, Core 4 And Central, Scope Minar , Laxmi Nagar, New Delhi, Delhi 110092, IN.
How many employees does Ongc Tripura Power Company Ltd have?
Ongc Tripura Power Company Ltd has 164 employees.
What sector does Ongc Tripura Power Company Ltd operate in?
Ongc Tripura Power Company Ltd is in Oil and Gas sector.
What does Ongc Tripura Power Company Ltd Do ?
Oil & Natural Gas Corporation Ltd. (“ONGC”), a Fortune 500 company of the Government of India, owns significant natural gas reserves in the North Eastern state of Tripura. However, these natural gas reserves were not developed commercially due to low industrial demand in the North-Eastern region.The complexities of logistics and attendant costs limited the economic viability of transportation of gas to other parts of the country where gas is in deficit. In order to optimally utilize the gas available in Tripura and to supply power to the deficit areas of North Eastern States of India, ONGC along with Infrastructure Leasing and Financial Services Limited (IL&FS) and Government of Tripura (GoT) formed a Special Purpose Vehicle ONGC Tripura Power Company (OTPC) by entering into a Shareholders’ Agreement (SHA) on September 18, 2008 to implement a 726.6 MW Combined Cycle Gas Turbine (CCGT) thermal power plant at Palatana, Tripura.The first block (363.3 MW) of the power plant was declared under Commercial Operation from 4th January, 2014 and the second block (363.3 MW) of the two blocks was declared under Commercial Operation from 24th March 2015. BHEL was the EPC contractor for setting up of the power plant. Subsequently in April 2015, India Infrastructure Fund- II (acting through its investment manager ‘IDFC Alternatives Limited’) became an investor in the company by acquiring 23.5% of the equity stake.
What does Ongc Tripura Power Company Ltd specialize into ?
We are not able to find any specialities related to Ongc Tripura Power Company Ltd at the moment.
Who is the CEO of Ongc Tripura Power Company Ltd ?
We do not have the information about the CEO of Ongc Tripura Power Company Ltd. Our systems are trying to find it, we will update it as soon as we have it.
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