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Lanco Infratech forms holding company for thermal and hydro electric SPVs

04 Apr 2012 Evaluate

Lanco Infratech has put in place - Vamshi Industrial Power as a holding company for thermal special purpose vehicles (SPVs) and Vamshi Hydro Energies as a holding company for hydro electric SPVs with effect from March 31, 2012.

However, these two holding companies are wholly owned subsidiaries of the power holding company, Lanco Power which in turn is a wholly owned subsidiary of the company.

Lanco Infratech is one of the India’s top business conglomerates and among the fastest growing. The company has subsidiaries and divisions across a synergistic span of verticals. These include EPC, construction, power, infrastructure and property development.

Peers
Company Name CMP
Larsen & Toubro 4054.00
Rail Vikas Nigam 307.25
NCC 165.10
KEC International 580.10
Kalpataru Projects 1263.55
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