Lanco Infratech is planning to take up the installed capacity to 8,000 MW within three years. This would help it to improve the performance of the power projects and the EPC arm.
Lanco’s Kondapalli gas-fired project, with an installed capacity of 1,108 MW, has been one of the successful bidders in the gas pooling bids called by the Government for financial years 2016 and 2017. This would enable the company to run the plants for four months starting this month. The project will receive power system development fund support of Rs 1.42 per unit.
Lanco Infratech is the leading integrated infrastructure conglomerate with global footprints having business verticals viz. EPC, Power, Solar, Natural Resources and Infrastructure.