New Delhi With the government preparing to rationalise gas distribution from RIL’s KG-D6 block in the wake of a drop in production, Lanco and GMR plants in Andhra Pradesh are a worried lot.

Lanco’s Kondapalli power plant expansion and GMR Tanir Bawi power plants in Andhra Pradesh, which are earning a fortune by selling power in the free market, are facing cancellation of gas allocation from RIL’s KG-D6 block.

With companies missing deadline for the National Solar Mission, NTPC Vidyut Vyapar Nigam (NVVN) has encashed bank guarantees of 14 project developers including Lanco Infratech, Aftab Solar, Amrit Engineering and Alex Solar. Of the 14 projects, Lanco is engineering procurement and construction (EPC) contractor in three.

The action follows with 14 project developers failing to meet the commissioning deadline under the first batch of phase I of the national solar mission. Besides, the Ministry of Corporate Affairs, which is represented in a three-member committee probing the issue of floating of front companies, has simultaneously started gathering information on the status of companies accused for flouting the norms.

Lanco Infratech has said that more than 5,000 MW of its planned and existing generation capacities would get a boost from Coal India’s decision to sign fuel supply pacts for power projects.

Lanco Infratech has said that more than 5,000 MW of its planned and existing generation capacity would get a boost from Coal India's decision to sign fuel supply pacts for power projects.

"It is a positive step and Coal India agreeing to ink Fuel Supply Agreements (FSAs) will benefit Lanco's power generation capacity of over 5,000 MW. This includes both planned and existing capacities," Lanco Infratech CEO (Thermal) K Raja Gopal told

Power sector companies on Wednesday won their long-drawn battle over coal shortages with Coal India Ltd (CIL), the country’s near monopoly coal producer.

Taking a tough stand on the unprecedented dip in fuel availability, Prime Minister Manmohan Singh directed the state-owned miner to meet the full supply commitments earlier made to projects run by power companies.

Company reports 63% dip in net for Q3 at . 60.92 crore. Lanco Infratech plans to raise up to .

A three-member, inter-ministerial committee has been formed to investigate Lanco Infrastructure for the company's alleged irregularities in bidding for solar projects under the National Solar Missi

NewDelhi: Lanco, the company accused by Delhi based Centre for Science and Environment (CSE) of illegitimately cornering contracts worth Rs 13,000 crore under the Jawaharlal Nehru National Solar mi

HYDERABAD: The Telangana Rashtra Samithi (TRS) has demanded that the CBI should take up suo moto the alleged violation by Lanco Infratech, which cornered 40% of the contracts during the first phase

Taking note of a report prepared by Delhi-based Centre for Science and Environment (CSE), which alleged irregularities in the implementation of National Solar Mission, the BJP has decided to raise