Order of the National Green Tribunal in the matter of Varsha Aggarwal & Others Vs Union of India & Others dated 21/04/2025. The application was filed by the residents of Jaypee Wishtown, Noida, Gautam Buddh Nagar district. The allegation of the applicant is that the project proponent, Jaypee Infratech Limited …
Want liability exclusion in case laws change abroad oppose tariff renegotiation after bids are opened A power producers’ group has demanded clauses to offset changes in international laws, with regard to ultra mega power project contracts, while opposing tariff renegotiation after the financial bids are opened. The Association of Power …
In a strong penal action, the Madhya Pradesh Government has debarred Lanco Power and other Lanco Group firms from bagging contracts or business in the State for a period of five years. The state government has cited an “illegal act” on part of Lanco Amarkantak Power (now Lanco Power Ltd) …
The enquiry into the Lanco Infratech case is going on, said Mr Farooq Abdullah, Minister for New and Renewable Energy, on the sidelines of an Assocham conference. He, however, did not give any timeline by when the report will come out. The Government has ordered a probe into the contravention …
CSE study shows that wind energy business often subverts the purpose for profit, and wind farms do not generate energy It was a trade exhibition abuzz with the restrained chatter of busy suited executives at company stalls making contacts and finalising deals. Nothing out of place — except that this …
Solar projects that feed power into the grid and are available to their full capacity will be considered as commissioned under the National Mission. This has been stated by the Ministry for New and Renewable Energy. With the Solar Mission coming into public glare because of allegations that the Lanco …
Lanco Infratech is known to be in talks with international energy majors like AES of United States and Gaz de France to sell a part of its power business. The company had recently said it planned to sell a minority stake in its power business and raise $600-$750 million (Rs …
KG Basin output likely to decline to 27 mmscmd from 35-36 mmscmd. The gas-based power plants of GVK Power, Lanco Infratech, GMR and others, all based in Andhra Pradesh, are functioning at less than 50 per cent of installed capacity due to reduced supply of gas. Since all indications point …
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 …
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 …
New Delhi NTPC Vidyut Vyapar Nigam (NVVN), the nodal agency for implementing the National Solar Mission, has encashed the bank guarantee of 14 developers who failed to meet the commissioning deadline under the first batch of Phase-I. Lanco is engineering procurement and construction (EPC) contractor in at least three of …
NTPC Vidyut Vyapar Nigam (NVVN) has come down heavily upon 14 project developers for failing to meet the commissioning deadline under the first batch of phase I of the national solar mission. An NVVN official said that in terms of strict compliance of the guidelines, bank guarantees of these developers …
NVVN recovers Rs 28 crore from erring firms. Acting tough on companies that did not commission solar power projects on time, NTPC Vidyut Vyapar Nigam (NVVN) Limited has encashed a part of bank guarantee of 14 of them. The companies were awarded projects under batch one of the first phase …
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. “It is a positive step and Coal India agreeing to ink Fuel Supply Agreements (FSAs) will benefit Lanco’s …
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 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 …
Company reports 63% dip in net for Q3 at . 60.92 crore. Lanco Infratech plans to raise up to . 3,700 crore by selling a minor stake in its power business in the next six months and plans to organise its businesses into different subsidiaries, a senior company executive said. …
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 Mission, the Union Minister for New and Renewable Energy, Dr Farooq Abdullah, said on Sunday. The committee would submit its report in one month, Dr …
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 the issue in the forthcoming budget session of the assembly. The BJP on Thursday demanded that the state government provide …
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 of the National Solar Mission garnering 235 MW worth projects with an assured revenue of Rs 13,000 crore …
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 mission, has objected to the allegations and said “they were not crosschecked with the company and were wrongly perceived”. In a statement …
