GAIL (India) gets NCLT approval for stake acquisition in ONGC Tripura Power Company
GAIL (India) Limited has secured approval from the National Company Law Tribunal (NCLT) for its previously announced acquisition of a 26% stake in ONGC Tripura Power Company (OTPC) from Infrastructure Leasing & Financial Services (IL&FS). The Indian government-owned natural gas transmission company is acquiring the stake from IL&FS Group companies — IL&FS Energy Development Company […]