|He Company was originally incorporated on March 26, 1993 as Lanco
Constructions Limited in Andhra Pradesh with its registered office at
1-8-50/G, 2nd Floor, Krishna Nagar Colony, Prenderghast Road,
Secunderabad - 500 003 and received the certificate of commencement
of business on March 31, 1993. With effect from June 2, 1994, the Company
shifted its registered office to Ground Floor, Visaka Towers, 1-8-303/69/3,
Sardar Patel Road, Secunderabad - 500 003. The Company further shifted
its registered office, with effect from July 12, 1998, to Lanco House, 141,
Avenue #8 Road #2, Banjara Hills, Hyderabad Â 500 034. On November 24,
2000 the CompanyÂs name was changed to Lanco Infratech Limited . Since
the time of its incorporation until the completion of the re-organization, the
Company was involved in the construction development sector including the
execution of various civil contract works and also had minority stakes in the
group entities that were involved in the power sector.
In May 2006, we commenced a reorganisation of our Company, in order to
consolidate the power, construction and property development assets of the
companies forming part of the Promoter Group and the Lanco Group
into one holding company.
LITL is a company with operations in the construction development sector. It is
also the holding company for the Subsidiaries and intends to fund the capital
requirements of the Lanco GroupÂs initiatives in the power and
property development sectors.
History and Major Events
YEAR : MAJOR EVENTS
1993 : Incorporation of the Company
1996 : Allotment of the Lanco Kondapalli Project
1997 : Signing of Power Purchase Agreement by LKPPL
Receipt of the NEDCAP approval for setting up the
Clarion Power Plant
1998 : Setting up of the casting unit of Lanco Kalahasti
2000 : Change in name of the Company from `Lanco Constructions
Limited' to `Lanco Infratech Limited'
Commissioning of the 368.144 MW plant of Lanco Kondapalli
Receipt of NEDCAP approval for setting up of 6 MW biomass
based plant for Rithwik
2001 : Conversion of LKPPL as a natural gas run plant
2002 : Leadership and Excellence Award to Lanco Kondapalli in
Safety, Health and Environment 2002 by CII, for water
conservation and reduction in effluent discharge
Commissioning of the Chitradurga Power Plant
Execution of the PPA between Rithwik and APCC in relation to
the Rithwik Power Plant
Commissioning of the Rithwik Power Plant
2003 : Execution of the PPA between Clarion and APTRANSCO in relation
to the Clarion Power Plant
Execution of the PPA between Aban and TNEB with respect to
the Aban Power Plant
Execution of the SHA with KVK in relation to Lanco Amarkantak
2004 : Commissioning of the 12 MW plant (bio-mass) of Clarion
Winning of Bid for Setting up of 70 MW Budhil
Hydro Electric Project at Chamba, Himachal Pradesh
2005 : Receipt of the OHSAS 18001 certification from Lloyds
Register of Quality Assurance for the Lanco Kondapalli
Commissioning of the Aban Power Plant;
Commissioning of the 120 MW plant (gas) of Aban
National Award for Excellence in Water Management 2005 -
Innovative Project award by CII Hyderabad to Lanco
Lanco Green awarded the SESI business Leadership award for
the year 2005
Execution of PPA with PTC for unit-I of 300 MW for
Lanco Amarkantak Power Plant
Execution of PPA with PTC for 70 MW Budhil Hydro Electric
Project Signing of back-to-back PSA between PTC and MPSEB for
onward sale of power for Lanco Amarkantak
Execution of the land lease agreement with Chattisgarh State
Industrial Development Corporation in relation to the
Lanco Amarkantak Power Plant
Achievement of financial Closure of unit-I of Lanco
Execution of the implementation agreement with Himachal
Pradesh Government for the Budhil Power Plant
Execution of the fuel supply agreement with South Eastern
Coal Fields Limited for supply of coal for unit-I of the
Lanco Amarkantak Power Plant
Winning the bid for the development of an Information
Technology Park at Manikonda in Hyderabad and Vizag
TEC received from HPSEB for Budhil Power Plant
TEC received for the Baner-III Project and the IKU-II Project
TEC for the Drinidhar Power Project and the Upper Khauli
Power Project forming part of VIPL
Execution of the implementation agreement in relation to
the Baner-III Project and the IKUII Project
Execution of the implementation agreement the Drinidhar
Power Project and the Upper Khauli Power Project
Award of the Teesta VI Power Project by the Government
Clarion Power Project registered as a `Clean Development
Mechanism' project with the United Nations Framework
Convention on Climate Change
Agreement with the Government of Sikkim for the development
of Teesta VI Power Project
2006 : Commencement of power trading by Lanco Electric
Awarded the Business Leadership Award for 2005 by the
Solar Energy Society
Registration of Rithwik as a `Clean Development Mechanism'
project with the United Nations Framework Convention on
Appraisal of unit - II of Lanco Amarkantak by PFC and
sanction of Rs. 4,690 million.
Financial closure of the Budhil Hydro Electric Project
Financial closure of the Baner-III Project and the
Financial closure of the Drinidhar Project and the
Upper Khauli Power Project
Winning of the bid for setting up three hydro electric
projects in the State of Uttaranchal by LHEPL
Execution of an agreement for carbon trading/reduction of
emission of GHGs under the CDM by Rithwik and Clarion
Execution of the Development Agreement with Government of
Uttaranchal for setting up the Uttaranchal hydro
Receipt of the OHSAS 18001 certification from Lloyds
Register of Quality Assurance for the Aban Power Plant
Submission of bid for the Anpara project in Uttar Pradesh
Signing of financing documents by Lanco IT Park for
assistance of Rs. 3,750 million towards Manikonda Project
Reorganisation of Lanco Group to make LITL the holding
-Lanco Infratech Ltd has appointed Sri. D V Rao as Joint Managing Director of the Company with effect from May 12, 2007 in the Board Meeting held on May 12, 2007.
-Lanco Infratech Ltd has entered into a Memorandum of Understanding with Gulftainer Company Ltd, UAE to co-operate on a variety of port and transportation projects.
-Lanco Infratech signs strategic agreement with Gulftainer
-Lanco Infratech wins 3300 MW Power Projects in Uttar Pradesh
-Lanco Infratech receives PRSI award
-Lanco Infratech - Lanco Hills gives prestigious order for structural construction to Sembawang Infrastructure, Gurgaon
-Registered Office of the Company has been shifted From Lanco House", 141, Avenue # 8, Road No.2, L V Prasad Marg, Banjara Hills, Hyderabad-500034, Andhra Pradesh, India To Plot No.4, Software Units Layout, HITEC City, Madhapur, Hyderabad-500 081, Andhra Pradesh, India
-Lanco Infra to boost capacity be 750MW at Kondapalli plant
-Lanco Infra achieves financial closure for hydel project
- Lanco Infratech has won a contract from Mahagenco (Maharashtra State Power Generation Company). The contract is to supply equipments to Mahagenco power plant in the city of Nagpur which is in the state of Maharashtra.
-Company has splits its Face value of Shares from Rs 10 to Re 1
-Lanco Infra foray into Solar Business
-Lanco Infratech is announced as the largest independent power producer.
-Lanco Bags its first International EPC order valued at Rs 365.28 crore
-Lanco bags Maha Tamil Project
-Lanco Infratech Limited (LITL) has signed a Memorandum of Understanding (MoU) with the China Development Bank (CDB) in a bid to raise USD 2 billion debt for two power projects, each having capacity of 2X660 MW with supercritical boiler technology.
-"Lanco Solar wins Most Innovative Product Award 2012 from IESA Technovation".
-Lanco Infratech Ltd. - EPC Division awarded EPC Contract from GIPCL.
-Lanco bags Tasra Open Cast Project from SAIL.
-"Lanco Hills Technology Park Signs with Sutherland Global 80,000 sq ft of SEZ space for conducting IT / ITES operations".
-The company Registrars and Share Transfer Agent has been changed as M/s. Aarthi Consultants Private Limited (1-2-285, Domalguda, Hyderabad - 500029, Tel: 040-27638111, 27634445, E: email@example.com).
-"Lanco Gets Favourable order from APTEL".
-"Lanco clicks largest deal in thermal power sector by selling its Udupi Power plant to Adani; Deal valued at more than Rs 6,000 crore".
- Lanco Infratech has bagged a contract valued at Rs 3,960 crore for undertaking engineering, procurement and construction (EPC) services for a power project in Tamil Nadu.
- Lanco Infratech arm inks Power Purchase Agreement with Electricity Distribution Companies of Telangana and Andhra Pradesh
- Lanco Infratech Ltd will receive an income-tax reimbursement of Rs 175 crore after its subsidiary Lanco Kondapalli Power Ltd (LKPL) won a Supreme court case.
- Lanco Infratech thermal power business operating subsidiary Lanco Anpara Power has received a tariff order from Uttar Pradesh Electricity Regulatory Commission (UPERC).
- Lanco Infratech Ltd (LITL) started to supply power to Haryana discoms from its domestic coal-based 300 MW Unit 2 of the Lanco Amarkantak Power Ltd (LAPL), Chhattisgarh.