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08 Feb, 2012
Lanco Power aims to double capacity to 2,640 MW
Lanco Babandh Power Ltd has proposed to scale up capacity of its proposed coal-fired power plant in the state from 1,320 MW to 2,640 MW.
Source: Sify.com
Click here for the full article.03 Feb, 2012
Lanco: Govt to probe misuse of norms
The Government will order a probe into the alleged contravention of one project-one proponent norm in the National Solar Mission, brought out by an investigation by the Centre for...
Source: The Hindu Business Line
Click here for the full article.02 Feb, 2012
CSE alleges Lanco violated norms to bag solar projects
Used front companies to circumvent National Solar Mission rules
Source: The Hindu Business Line
Click here for the full article.02 Feb, 2012
Lanco refutes charges; says no violation in equity participation norms
The Lanco Group objected to all the allegations levelled by the CSE and said "...as the allegations were not cross-checked with the company and were wrongly perceived." In...
Source: The Hindu Business Line
Click here for the full article.02 Feb, 2012
Lanco, NTPC deny fraud claims
Govt to order inquiry into CSE allegation that Lanco broke rules to win projects in excess of its entitlement
Source: Livemint.com
Click here for the full article.18 Jan, 2012
Lanco Infratech defaults on Udupi repayment
The infrastructure company has failed to make the repayment due on January 15 to its lenders.
Source: DNA Money
Click here for the full article.09 Jan, 2012
Activists plan to challenge public hearing of Lanco's power expansion
Environment activists are exploring the legal clauses to challenge the public hearing completed for Lanco’s major power expansion plan in Chhattisgarh’s Korba district on Saturday
Source: Sify.com
Click here for the full article.29 Dec, 2011
Lanco Infra promoters pledge shares with ICICI Bank, IDFC
Promoters of Lanco Infratech Ltd have informed the exchanges that they have pledged additional shares by creation of encumbrance in favour of ICICI Bank and Infrastructure Development Finance Comp...
Source: The Hindu Business Line
Click here for the full article.04 Dec, 2011
Lancos R16k-cr project in trouble
Lanco Infratech could lose the hard-won Rs 16,000 crore Gare Palma-II coal mining-cum-power generation project in Chhattisgarh with the project owner Mahatamil Collieries under pressure from the Union power ministry to scrap tendering.
Source: The Financial Express
Click here for the full article.30 Nov, 2011
Lanco Infra rejigs finance team
Mr J. Suresh Kumar, Chief Financial Officer of Lanco Infratech Ltd, has quit. Following this, the diversified company with interests in power, infrastructure etc, has reorganised the fina...
Source: The Hindu Business Line
Click here for the full article.