| Lanco seeks time to respond to Sasan charges |
| BS Reporter / New delhi April 1, 2007 |
| Lanco Infratech has sought time till Tuesday to give its response to Sasan Power Limited on queries raised about alleged misrepresentation of facts by its erstwhile consortium partner Globeleq Singapore in bidding documents for building the 4,000 mw Sasan ultra mega power project. Sasan Power is the shell company formed by Power Finance Corporation, nodal agency for ultra mega power projects. The bid process consultants, Ernst & Young, in the Apex Evaluation Committee |
