Lanco looks to achieve 8k mw capacity by ’18

By: | Published: September 29, 2015 12:48 AM

Lanco Infratech expects to achieve an operating power capacity of about 8000 MW by 2018, the company stated during its annual general meeting on Monday.

Lanco Infratech expects to achieve an operating power capacity of about 8000 MW by 2018, the company stated during its annual general meeting on Monday.

As part of its debt restructuring exercise, the company has set a target to sell about 3000 MW by FY18 and is also not planning to sell any of its power assets for the next two years.

The company has over 15 power projects—both under construction and operational – across gas, wind, solar, hydro and coal-based projects. “These are significant developments giving clear visibility to the completion of the power projects and also to the EPC revenues of the company over the next two years. With the commissioning of these plants, the company will have a consolidated operating power capacity of around 8000 MW by FY 2018,” L Madhusudhan Rao, executive chairman, Lanco Infratech, said at the sidelines of the AGM.

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