Lanco Infratech’s group company - Lanco Anpara Power - has successfully synchronized Unit I (600 MW) on March 19, 2011. With this Lanco Infratech becomes the country's no 1 independent Power Producer (IPP) with present installed capacity of about 3,292 MW.
Recently, Lanco’s another group company - Udupi Power Corporation - has successfully synchronized Unit II (600 MW) with the grid on March 08, 2011. The Unit 1 (600 MW) of Udupi Power Corporation (UPCL) was synchronized with the grid on June, 3 2010.
Lanco Infratech is one of the fastest growing integrated infrastructure enterprises of India, operating across a synergistic span of verticals comprising power generation, power trading, non-power infrastructure, construction, EPC, property development and renewable (solar and wind). Lanco Infratech posted net profit of Rs 133.56 crore for the quarter ended December 31, 2010 as compared to Rs 114.51 crore for the quarter ended December 31, 2009, up 16.63%.
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