Lanco Infratech has pre-closed its outstanding term loan worth Rs 205.42 crore with YES Bank by obtaining lower interest rate term loan from another bank, while the company is continuing with other term loan of Rs 61.04 crore from YES Bank for other solar power projects. The term loan was taken for a couple of solar power projects, which are operating well and the cash flow from the projects are healthy.
Lanco Infratech is the leading integrated infrastructure conglomerate with global footprints having business verticals viz. EPC, Power, Solar, Natural Resources and Infrastructure.
