Processing .....please wait.. 
The article has been forwarded.... 
Lanco Infratech bags contacts worth $1.23 Billion
By siliconindia
|
Wednesday, 27 January 2010, 23:32 IST |
7 Comments
5,675 crore from Lanco Mahanadi Power, a subsidiary of the company, in connection with the setting up of their pulverized coal fired power plant of 2x660 MW capacity to be located in the state of Maharashtra.
The contracts include - offshore supplies worth 2,160 crore, civil works amounting to Rs 1,021.68 crore, onshore supplies of 1,756.44 crore, services amounting to 283.80 crore, besides a non-EPC contract of 454.08 crore.
Lanco Infratech is engaged in the business of EPC and infrastructure development. The stock recovered from the day's low of 48.60 and is trading flat at 49.55 in mid-morning trades. It was trading with volumes of 507,357 shares.