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Statkraft is first MNC to buy bankrupt Indian power company under IBC

Ampyr Energy, ReNew Power & Statec also submitted EoI to acquire Lanco


CCI authorises purchase stake of NIIF in Hindustan Ports

The proposed transaction entails NIIF acquiring 25% in Hindustan Ports


Cube Highways takes over another project

Cube Highways takes over the Nelamangala-Devihalli highway project from Lanco Infra


Why is India’s Infrastructure Trailing?

Over years, the list of profit-making construction companies has been shrinking.


Lanco Teesta Revival: NHPC to take loan from PFC and REC

In a bid to revive the Lanco Teesta Project, NHPC is taking a loan of Rs.45 bn from state-owned lenders, Power Finance Corporation (PFC) and Rural Electricity Corporation (REC).


Lanco Teesta Revival: NHPC to take loan from PFC and REC

In a bid to revive the Lanco Teesta Project, NHPC is taking a loan of Rs.45 bn from state-owned lenders, Power Finance Corporation (PFC) and Rural Electricity Corporation (REC).


View from the Floor

Government programmes, growing disposable income of consumers and the infra boom have accelerated demand for flooring in India.


Major boost for four hydro projects worth Rs. 450 bn

The government has received clearances for four projects worth about Rs 450 bn, and is thus expecting a big push in the hydropower sector.


NHPC to acquire 500 MW Lanco Teesta project for Rs.9 bn

NHPC has reportedly bagged debt-laden Lanco’s 500-MW Teesta hydro power project under insolvency proceedings for a tentative value of Rs 9 bn.


Kondapalli plant to add to Lanco´s cash flow

Lanco Infratech (LITL) will be able to generate 2.8 bn units of power during September 2016 to March 2017 from its Kondapalli plant, as it has been allocated 3.11 mn standard cu m a day of gas under reverse e-auction organised by the Power Ministry for stranded gas-based generation capacity.