Adani to expand capacity of Udupi power plant by 1600 MW

Last Updated: Friday, September 11, 2015, 18:20

After acquiring Udupi Power Corporation Ltd from Lanco Infratech in April, Adani Group is now set to expand the plant's capacity by 1600 MW, which is estimated to cost over Rs 9,000 crore.

Lanco in talks with investors to infuse equity in Teesta plant

Last Updated: Monday, August 10, 2015, 23:40

Lanco Infratech on Monday said it has started discussions with strategic investors to infuse equity in Teesta hydro power project for its speedy completion.

Lanco Infra Q4 net loss inches up to Rs 586 cr

Last Updated: Saturday, May 30, 2015, 19:01

Lanco Infratech recorded a consolidated net loss of Rs 586.29 crore for the March quarter of 2014-15, slightly higher than Rs 584.29 crore a year ago.

Infra, realty stocks gain ground on land acquisition ordinance

Last Updated: Tuesday, December 30, 2014, 18:38

Shares of infrastructure, realty and defence companies gained ground on Tuesday after the government recommended promulgation of an ordinance making significant changes in the Land Acquisition Act.

Lanco Infratech Dec quarter net loss widens to Rs 530 cr

Last Updated: Monday, February 3, 2014, 12:58

The company had reported a net loss of Rs 465 crore during the same period a year ago, Lanco Infratech said in a BSE filing.

Infra cos pay over $1 bn in finance, interest costs in H1

Last Updated: Sunday, November 24, 2013, 13:44

India's major 10 infrastructure companies have together paid out more than USD 1 billion towards finance and interest costs during the first half of fiscal, resulting in huge dents in margins in some cases.

Lanco Infratech Sep quarter net loss widens to Rs 581 crore

Last Updated: Tuesday, November 12, 2013, 18:49

The company had reported a net loss of Rs 136 crore in the same quarter of last financial year.

Lanco Infratech Q1 net loss widens to Rs 579 crore

Last Updated: Thursday, August 8, 2013, 13:59

Lanco Infratech on Thursday reported a widened net loss at Rs 579 crore for the quarter ended June 2013, mainly on account of forex losses and power business decline.

Lanco Infratech to develop Tasra coal mine for SAIL

Last Updated: Wednesday, July 31, 2013, 16:27

"The company received Letter of Acceptance to this effect from SAIL," it added.

Lanco Infratech to restructure Rs 7,500 crore debt burden

Last Updated: Saturday, July 27, 2013, 17:26

Faced with adverse business conditions, Lanco Infratech is restructuring debt worth Rs 7,500 crore, a company official said on Saturday.

Lanco to sell non-core assets worth Rs 1,000 crore this fiscal

Last Updated: Sunday, June 2, 2013, 18:07

The diversified group, which has already started shedding non-core assets, recently mopped up around Rs 42 crore by selling some wind energy assets in Tamil Nadu.