MoneyWorks4Me

Lanco Infratech’s arm to build 75MW solar PV project in Maharashtra

26 May 2011 Evaluate

Lanco Infratech’s fully owned subsidiary -- Lanco Solar has received a letter of award (LOA) from Maharashtra State Power Generation, in consortium with Juwi Renewable India for building a 75MW crystalline technology based photovoltaic solar power project in Dhule district in the state of Maharashtra.

The project value is Rs 884.18 crore. The project would be fully commissioned by mid February 2012.

Lanco Infratech is one of the fastest growing integrated infrastructure enterprises of India, operating across a synergistic span of verticals comprising power generation, power trading, non-power infrastructure, construction, EPC, property development and renewable (solar and wind).

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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