THE MINISTER OF POWER( SHRI P.M. SAYEED )
(a) : Hon`ble Prime Minister laid the foundation stone on 29th October, 2005
for a 740 MW Gas Based Power Project being developed by the Joint Venture Company
`ONGC Tripura Power Development Company (P) Ltd. (OTPCL)`. Oil & Natural Gas
Corporation (ONGC) and Government of Tripura are partners with M/s. Infrastructure
Leasing & Financial Services Ltd. (IL&FS).
(b) : The share-holders of the Company and their stakes are as follows:
IL&FS - 50% ONGC - 26% Govt. of Tripura - 24%
(c) : Likely commissioning date, as per the draft Feasibility Report, will be 29
months from the date of issuance of `Notice to Proceed` to Engineering Procurement
Construction (EPC) contractor. As per the present plan, the commissioning schedule is
expected by August, 2008.
(d) & (e) : After meeting the requirements of North-Eastern States, surplus power
from the project is proposed to be supplied to different power deficit States in Northern
Grid.