Profit

Lanco Infra bags coal block in Chattisgarh

PUBLISHED ON: August 4, 2011 | Duration: 4 min, 05 sec

   
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Nagaprasad Kandimalla, CEO – business development at Lanco Infra, says the company has been selected as the Mine Developer and Operator (MDO) of Gare Pelma II coal block of Maha Tamil Collieries. He says the company will set up a 2,000 power project using coal from the mine. And out of total power produced 50 per cent will go to Tamil Nadu and the rest for the company to operate in market.
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