Categories
Acquisition

GAIL acquires 26% equity stake in ONGC Tripura Power Company

GAIL (India) Limited has acquired equity stake of 26% in ONGC Tripura Power Company (OTPC), which owns and operates a 726.6 MW gas-based combined cycle power plant in Palatana, Tripura. The stake has been acquired from IL&FS Group companies namely, IL&FS Energy Development Company Limited and IL&FS Financial Services Limited. GAIL and IL&FS Group concluded […]

Categories
News

GAIL, Carbon Clean Solutions ink MoU for Compressed Biogas projects in India

GAIL (India) Limited and Carbon Clean Solutions Limited (CCSL) announced that they have signed a Memorandum of Understanding (MoU) for exploring project development opportunities in Compressed Biogas (CBG) value chain in India.  According to the GAIL press statement, the MoU aims at building a closer strategic partnership between the two companies by jointly working on […]