Lanco Infratech’s subsidiary - Lanco Hydro Power (LHPL), has signed an agreement with Tejassarnika Hydro Energies, a subsidiary of Hyderabad based Greenko Energies to divest 100% stake in 70MW Lanco Budhil Hydro Power Project.
LHPL has also entered into an MOU to sell two small hydro power plants of 5MW each located in the Kangra district of Himachal Pradesh, to Greenko Energies.
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.
