MoneyWorks4Me

Lanco Infratech’s arm declares commercial operation of Thermal Power Project Unit-2

18 Sep 2012 Evaluate

Lanco Infratech’s subsidiary Udupi Power Corporation, having setup Imported Coal Based Thermal Power Project Unit-2 of 1200 MW (2 x 600 MW) in Udupi District, Karnataka, after completion of the formalities, has declared the commercial operation on August 19, 2012. With this, both the units of the project are in operation.

Further, the principal buyers of power have established 400 KV Transmission Line to evacuate power from the project. The Government of Karnataka has dedicated the Transmission Line to the Nation on September 12, 2012.

Lanco Infratech is one of 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 3654.10
Kalpataru Projects 1344.15
NCC 127.60
Rail Vikas Nigam 194.50
KEC International 343.35
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