Lanco Infratech receives favourable order from APTEL

04 Jan 2014

Lanco Infratech (LITL), one of India’s largest integrated infrastructure enterprise has received favourable order from APTEL. The Appellate Tribunal for Electricity (APTEL) has passed its order in the matter of tariff determination for the second unit of Lanco Amarkantak Power Project in Korba district, Chhattisgarh.

As per the APTEL order, Amarkantak Unit 2 shall be paid Regulated Tariff based on the actual capital cost of the project. This would result in sustainable and profitable operation of the project at full capacity.

Lanco Infratech, is headquartered in New Delhi Region and has employee strength of 4,240. It has an adjusted net-worth of Rs 5,429 crore and is present across in 5 core sectors viz. EPC, Power, Natural Resources, Solar and Infrastructure.

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