Wednesday, January 27, 2010

Lanco got $1.23 Billion worth contracts

Mumbai: Lanco Infratech has won contracts amounting to Rs. 5,675 crore from Lanco Mahanadi Power, a subsidiary of the company, in connection with the setting up of their pulverized coal fired power plant of 2x660 MW capacity to be located in the state of Maharashtra.

The contracts include - offshore supplies worth Rs. 2,160 crore, civil works amounting to Rs 1,021.68 crore, onshore supplies of Rs. 1,756.44 crore, services amounting to Rs. 283.80 crore, besides a non-EPC contract of Rs. 454.08 crore.

Lanco Infratech is engaged in the business of EPC and infrastructure development. The stock recovered from the day's low of Rs. 48.60 and is trading flat at Rs. 49.55 in mid-morning trades. It was trading with volumes of 507,357 shares.

Previous Post's: Apple Tablet to be launched today?

Home - About us - Register - Downloads - Download Toolbar - Contact us

at 8:53 AM
Labels: ,

LEGAL DECLAIMER

The content available under the terms of GNU Free Documentation License and Creative Commons Attribution-Noncommercial-No Derivative Works 2.5 India License. We're not responsible for any type of damages occured, while using of iEncyclopedia's content. For commercial content licensing, do follow the instructions in the Content Licensing Section to gain the commercial content license.

* * All text is available under the terms of the GNU Free Documentation License.

© iEncyclopedia Society, 2013.