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Lanco Hydro Power signs agreement with Hyderabad based Greenko Energies

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Capital Market
Lanco Infratech announced that its subsidiary, Lanco Hydro Power (LHPL) has signed an agreement with Tejassarnika Hydro Energies, a subsidiary of Hyderabad based Greenko Energies to divest 100% stake in 70 MW Lanco Budhil Hydro Power Project. LHPL has also entered into a MoU to sell two small hydro power plants of 5 MW each located in Kangra district of Himachal Pradesh to Greenko Energies.

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First Published: Feb 03 2014 | 12:35 PM IST

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