Lanco Infratech

Torrent Power, Lanco lowest bidders in natural gas-fired power auction

India relies on coal to generate about three-quarters of its electricity, and power generated from coal is typically much cheaper than that generated by gas-fired plants

SC dismisses GUVNL's appeal for termination of PPA with Lanco Infratech

GUVNL had terminated the agreement for the solar power plant over the commencement of liquidation proceedings against LANCO Infratech Ltd (owner of the power plant)

Lanco Infratech and lessons from a failed group resolution of troubled debt

The firm fundamentally has no assets, say experts. Ten of its subsidiaries are under corporate insolvency, most holding either a single or a group of road or power assets

Torrent, Lanco among private gencos not paid by Madhya Pradesh Power Co

This move by MP govt comes after the union power ministry had clarified electricity generation is an essential service and no state can invoke force majeure to defer payments

NCLAT asks 3 firms to file claims before liquidator of Lanco Infratech

The companies are KSB Shanghai Pump Co, TLT-Tourbo (Sichuan) Co and Beijing Power Equipment Group Co

BSE to suspend trading in equity shares of Lanco Infratech from Sept 14

The Reserve Bank had in June 2017 directed IDBI Bank, lead lender of Lanco Infratech

NCLT gives 16 days to Lanco creditors to examine revised resolution plan

Judge Ratakonda Murali announced that he would exclude certain days from the expired 270-day period in order to grant additional time to the CoC to take a view on the modified resolution plan

Lanco Infratech posts net loss of Rs 1,691 cr for April-June quarter

Online retail major to compete with German firm Metro AG and Nandan Nilekani-backed Power2SME

Lanco's effort to keep Amarkantak power project afloat might sink

Sources say close to 200 people have resigned due to non-payment of wages

Insolvency heat: Lanco encashes suppliers' bank guarantees

Firm received Rs 470 cr from sub-suppliers in respect of various EPC projects

CRISIL affirms Lanco Infratech's default grade rating

LITL has been delaying its debt repayment since 2012-13

Lanco Infratech hits record low; IDBI Bank touches 52-week low

Lanco Infratech was down 10% to Rs 1.70, extending its Monday's 20% decline on BSE.

Lanco Infratech slumps 20% on RBI's direction to start insolvency

At NSE, shares of the company tanked 19.14 per cent to end at Rs 1.90

Lanco Infratech reports consolidated loss of Rs 814 cr

Loss widens on account of declining income

Lanco says impacted by low power demand, slow fund disbursal

Says impacted by low power demand, slow fund disbursal

Lanco Infratech to sell 1,200-mw Anpara power project after restructure nod

The company expects to get as much as Rs 1,600 crore from the sale of this asset at an enterprise value of Rs 5,300 crore

Kondapalli plant to add to Lanco's cash flow

Group looking for additional debt to meet cost overruns

Lanco Infratech's net loss widens to Rs 449 cr in April-June quarter

Total income from operations (net) during the quarter increased to Rs 1,940.35 crore, over Rs 1,638.14 crore in the year-ago period

Lanco makes last-ditch effort to avoid strategic debt restructuring

In 2014, the lenders had approved a CDR scheme of about Rs 4,400 cr to help the company reduce its debt

Lanco Infra in discussions with lenders to sell assets

OPG Power Ventures may buy out Lanco's Amarkantak, Vidarbha and Babandha Assets