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LANCO BABANDH POWER LTD
NCLT orders liquidation for Lanco BabandhThe bankruptcy court removed the resolution professional for the Lanco group company, and appointed a liquidator from AAA Insolvency Profes...
Lanco Thermal Power receive a claim of Rs 24,000 croreAmong the 15-20 lenders to the company are Andhra Bank, ICICI Bank, Axis Bank, Canara Bank, and IDBI Bank, sources said.
4 minnows bid for Lanco Infra, banks fear steep haircutThe resolution professional has not asked for a minimum capital requirement from applicants to be eligible to submit a resolution plan.
OPG plans to sell Lanco Anpara assets to raise Rs 1,600 croreA person close to the development said IDBI last Friday accorded final approval to the scheme involving transfer of coal-fired power assets...
Lanco may sell majority stake in coal projects to pare debtAs part of the agreement with lenders, Lanco Anpara (2X600 mw) will be put on sale and the proceeds will be used to complete unfinished pow...
Lanco Infratech rallies as lenders approve higher cost for 4 projectsLanco Infratech gained 20% in trade after three groups of lenders approved cost overruns of almost 30% for four power projects.
Lenders approve higher cost in 4 Lanco Infratech projectsIn a respite for cashstrapped Lanco Infratech, three groups of lenders approved cost overruns of almost 30 per cent for four power projects.
Lanco Kondapalli Power Ltd inks PPAs with Telangana and Andhra Pradesh discomsLanco Kondapalli Power Ltd has entered into power purchase agreements with electricity distribution companies of Telangana and Andhra Prade...
Power Ministry wants Coal India Ltd to sign pacts with firms for 4,000 MWThe govt had earlier stated that the timelines for signing of fuel supply pacts for power projects of 78,000 MW capacity should be met.
Coal linkage panel allows Lanco Babandh to ink fuel supply agreements with CILAmid delays by some firms in inking of FSAs with Coal India, an inter-ministerial panel has allowed Lanco to enter into the pact.
Coal linkage panel allows Lanco Babandh to ink fuel supply agreements with CILAn inter-ministerial panel has allowed Lanco to enter into the pact, condoning delays in achieving milestone for its 660 MW Babandh power p...
Power plants like Lanco, DVC yet to sign FSA with Coal IndiaThe Coal Ministry had set a deadline of August 31 for signing of FSAs which could not be met. Another deadline of September 6 was also not ...
- Inter-ministerial panel to meet on September 13 to review coal supply to power plants
An inter-ministerial committee on coal supply to the power sector will meet on September 13 to consider pending applications and review sta...
Inter-ministerial panel to meet on September 13 to review coal supply to power plantsThe panel has representatives from the Planning Commission, Coal India Ltd and ministries like power, railways and shipping.
- Lanco to sell stake in 3 power units for Rs 2500 crore
Lanco Infratech is in talks with strategic and financial investors to sell stake in three power projects separately to raise over Rs 2,500 ...
Lanco Infratech to raise $2 bn from Chinese Banks, Financial InstitutionsLanco Infratech has entered into an agreement with the China Development Bank for a $2-bn debt for two power projects totaling 2,640 MW.
- Lanco Infratech to raise $2 bn from Chinese banks, FIs
Lanco Infratech has entered into an agreement with the China Development Bank for a $2 billion debt for two power projects totaling 2640 mw.
Lanco to invest Rs 22,000 crore on three thermal projectsThe thermal initiatives under development are unit III and IV Amarkantak in Chattisgarh, Vidarbha in Maharashtra and Babandh in Orissa.
- CIL's decision to benefit Lanco's over 5,000-MW capacity
Lanco Infratech has said that more than 5,000 MW of its planned capacity would get a boost from CIL's decision to sign fuel supply pacts fo...
- Lanco Infra ties up Rs 5,500 cr for 1,320 MW thermal project
Lanco Infratech said on Thursday that it has arranged Rs 5,544 crore from a consortium of banks led by ICICI Bank for its 1,320 MW thermal ...