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Press background on Lanco Infratech Limited
Company profile
As one of India's leading business entities, Lanco Infratech Limited has been driving growth in the domains of Engineering, Procurement and Construction (EPC), Power, Solar, Natural Resources and Infrastructure over the last two-and-a-half decades. Its continuous focus on innovation and expansion together with its commitment to quality and excellence has contributed significantly to the progress that the company has made over a short span of time. The 25-year-old Lanco group is, today, uniquely poised to attain leadership position in its areas of operation.
 Recent press releases
Lanco Infratech Announces Q3FY16 Earnings, Net Profit for Q3FY16 at Rs.136.49 Crore

During the Quarter
 
- Kondapalli Phase 3A (371 MW) started generation from November 3, 2015 under Gas pooling mechanism.
- Kondapalli Phase 3B (371 MW) declared COD on January 9, 2016.
- Amarkantak Unit 2 (300 MW)restarted operationsfromDecember5, 2015 aft... (more)
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LANCO on Path of Realizing Consolidated Operating Power Capacity of around 8000 MW by FY 2018

- Revenues of Lanco Amarkantak to double to around Rs 1200 crore and Increase EBITDA by around Rs.200 crores for full year of operations
- Will have a positive impact on overall financials of Lanco Group
Editor’s Synopsis –
Lanco Amarkantak Power Limited (LAPL)... (more)
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Lanco Infratech - Registers Net Profit after a gap of 3 Years in Q2FY16; PAT for Q2FY16 at Rs. 989 Million; Revenue at Rs. 34934 Million

During the Quarter
Company earned profit for the quarter on consolidated basis after a gap of 3 Years.
The second quarter has seen significant jump of 366% (QoQ) in EPC Revenues of LITL on account of restart of work in the Group’s under construction stalled power projects ... (more)
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Lanco Infratech Pre Closes its Term Loan with Yes Bank

Lanco Infratech Limited pre-closed its outstanding term loan with Yes Bank to the extent of Rs. 205.42 Cr by obtaining lower interest rate term loan from another bank. The Term loan was taken for a couple of Solar Power Projects, which are operating well and the cash flow from the Solar Power proje... (more)
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Lanco Clicks Largest Deal in Thermal Power Sector by Selling its Udupi Power Plant to Adani

Lanco Infratech Limited (LITL), the leading integrated infrastructure player in the country having business verticals in EPC, Power, Solar, Natural Resources and Infrastructure today announced that it has sold its Udupi Power plant to Adani Power Limited, the power business arm of Indian business c... (more)
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