Lanco Infratech Ltd.

he Company was originally incorporated on March 26, 1993 as  Lanco 
 Constructions Limited in Andhra Pradesh with its registered office at
 
 1-8-50/G, 2nd Floor, Krishna Nagar Colony, Prenderghast Road, 
 Secunderabad - 500 003 and received the certificate of commencement 
 of business on March 31, 1993. With effect from June 2, 1994, the
 Company 
 shifted its registered office to Ground Floor, Visaka Towers,
 1-8-303/69/3, 
 Sardar Patel Road, Secunderabad - 500 003. The Company further
 shifted 
 its registered office, with effect from July 12, 1998, to Lanco
 House, 141, 
 Avenue #8 Road #2, Banjara Hills, Hyderabad – 500 034. On November
 24, 
 2000 the Company’s name was changed to  Lanco Infratech Limited .
 Since 
 the time of its incorporation until the completion of the
 re-organization, the 
 Company was involved in the construction development sector including
 the 
 execution of various civil contract works and also had minority
 stakes in the
 group entities that were involved in the power sector.
 
 
 In May 2006, we commenced a reorganisation of our Company, in order
 to 
 consolidate the power, construction and property development assets
 of the 
 companies forming part of the Promoter Group and the Lanco Group
 into one holding company. 
 
 LITL is a company with operations in the construction development
 sector. It is 
 also the holding company for the Subsidiaries and intends to fund the
 capital 
 requirements of the Lanco Group’s initiatives in the power and
 property development sectors.
 
 History and Major Events
 
 YEAR  :  MAJOR EVENTS
 
 1993  :  Incorporation of the Company
 
 1996  :  Allotment of the Lanco Kondapalli Project
 
 1997  :  Signing of Power Purchase Agreement by LKPPL
          Receipt of the NEDCAP approval for setting up the 
          Clarion Power Plant
 
 1998  :  Setting up of the casting unit of Lanco Kalahasti 
          Castings Limited
 
 2000  :  Change in name of the Company from `Lanco Constructions 
          Limited' to `Lanco Infratech Limited'
 
          Commissioning of the 368.144 MW plant of Lanco Kondapalli
 
          Receipt of NEDCAP approval for setting up of 6 MW biomass 
          based plant for Rithwik
 
 2001  :  Conversion of LKPPL as a natural gas run plant
 
 
 2002  :  Leadership and Excellence Award to Lanco Kondapalli in 
          Safety, Health and Environment 2002 by CII, for water 
          conservation and reduction in effluent discharge
 
          Commissioning of the Chitradurga Power Plant
 
          Execution of the PPA between Rithwik and APCC in relation to
 
          the Rithwik Power Plant
 
          Commissioning of the Rithwik Power Plant
 
 2003  :  Execution of the PPA between Clarion and APTRANSCO in
 relation 
          to the Clarion Power Plant
 
          Execution of the PPA between Aban and TNEB with respect to 
          the Aban Power Plant
 
          Execution of the SHA with KVK in relation to Lanco
 Amarkantak
 
 
 2004  :   Commissioning of the 12 MW plant (bio-mass) of Clarion
         
           Winning of Bid for Setting up of 70 MW Budhil 
           Hydro Electric Project at Chamba, Himachal Pradesh
 
 2005  :   Receipt of the OHSAS 18001 certification from Lloyds 
           Register of Quality Assurance for the Lanco Kondapalli 
           Power Plant
 
           Commissioning of the Aban Power Plant;
         
           Commissioning of the 120 MW plant (gas) of Aban
          
           National Award for Excellence in Water Management 2005 - 
           Innovative Project award by  CII Hyderabad to Lanco 
           Kondapalli
        
           Lanco Green awarded the SESI business Leadership award for
 
           the year 2005
         
           Execution of PPA with PTC for unit-I of 300 MW for 
           Lanco Amarkantak Power Plant
         
           Execution of PPA with PTC for 70 MW Budhil Hydro Electric 
           Project Signing of back-to-back PSA between PTC and MPSEB
 for 
           onward sale of power for Lanco Amarkantak
           
           Execution of the land lease agreement with Chattisgarh
 State 
           Industrial Development Corporation in relation to the 
           Lanco Amarkantak Power Plant
          
           Achievement of financial Closure of unit-I of Lanco 
           Amarkantak
          
           Execution of the implementation agreement with Himachal 
           Pradesh Government for the Budhil Power Plant
          
           Execution of the fuel supply agreement with South Eastern 
           Coal Fields Limited for supply of coal for unit-I of the 
           Lanco Amarkantak Power Plant
 
           Winning the bid for the development of an Information 
           Technology Park at Manikonda in Hyderabad and Vizag
 
           TEC received from HPSEB for Budhil Power Plant
 
           TEC received for the Baner-III Project and the IKU-II
 Project
           
           TEC for the Drinidhar Power Project and the Upper Khauli 
           Power Project forming part of VIPL
 
           Execution of the implementation agreement in relation to 
           the Baner-III Project and the IKUII Project
    
           Execution of the implementation agreement the Drinidhar 
           Power Project and the Upper Khauli Power Project
 
           Award of the Teesta VI Power Project by the Government 
           of Sikkim
 
           Clarion Power Project registered as a `Clean Development 
           Mechanism' project with the United Nations Framework 
           Convention on Climate Change
 
           Agreement with the Government of Sikkim for the development
 
           of Teesta VI Power Project
 
 2006  :   Commencement of power trading by Lanco Electric
 
           Awarded the Business Leadership Award for 2005 by the 
           Solar Energy Society
 
           Registration of Rithwik as a `Clean Development Mechanism'
 
           project with the United Nations Framework Convention on 
           Climate Change
 
           Appraisal of unit - II of Lanco Amarkantak by PFC and 
           sanction of Rs. 4,690 million.
 
           Financial closure of the Budhil Hydro Electric Project
 
           Financial closure of the Baner-III Project and the 
           IKU-II Project
 
           Financial closure of the Drinidhar Project and the 
           Upper Khauli Power Project
 
           Winning of the bid for setting up three hydro electric 
           projects in the State of Uttaranchal by LHEPL
 
           Execution of an agreement for carbon trading/reduction of 
           emission of GHGs under the CDM by Rithwik and Clarion
 
           Execution of the Development Agreement with Government of 
           Uttaranchal for setting up the Uttaranchal hydro 
           electric projects
 
           Receipt of the OHSAS 18001 certification from Lloyds 
           Register of Quality Assurance for the Aban Power Plant
 
           Submission of bid for the Anpara project in Uttar Pradesh
 
           Signing of financing documents by Lanco IT Park for 
           assistance of Rs. 3,750 million towards Manikonda Project
 
           Reorganisation of Lanco Group to make LITL the holding 
           company
 
 2007
 
 -Lanco Infratech Ltd has appointed Sri. D V Rao as Joint Managing
 Director of the Company with effect from May 12, 2007 in the Board
 Meeting held on May 12, 2007.
 
 -Lanco Infratech Ltd has entered into a Memorandum of Understanding
 with Gulftainer Company Ltd, UAE to co-operate on a variety of port
 and transportation projects.
 
 -Lanco Infratech signs strategic agreement with Gulftainer
 
 2008
 
 -Lanco Infratech wins 3300 MW Power Projects in Uttar Pradesh
 
 -Lanco Infratech receives PRSI award
 
 -Lanco Infratech - Lanco Hills gives prestigious order for structural
 construction to Sembawang Infrastructure, Gurgaon
 
 -Registered Office of the Company has been shifted From Lanco House,
 141, Avenue # 8, Road No.2, L V Prasad Marg, Banjara Hills,
 Hyderabad-500034, Andhra Pradesh, India To Plot No.4, Software Units
 Layout, HITEC City, Madhapur, Hyderabad-500 081, Andhra Pradesh,
 India
 
 2009
 -Lanco Infra to boost capacity be 750MW at Kondapalli plant
 -Lanco Infra achieves financial closure for hydel project
 
 2010
 
 - Lanco Infratech has won a contract from Mahagenco (Maharashtra
 State Power Generation Company). The contract is to supply equipments
 to Mahagenco power plant in the city of Nagpur which is in the state
 of Maharashtra.
 
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 
 2011
 
 -Lanco Infra foray into Solar Business
 
 -Lanco Infratech is announced as the largest independent power
 producer.
 
 -Lanco Bags its first International EPC order valued at Rs 365.28
 crore
 
 -Lanco bags Maha Tamil Project
 
 2012
 
 -Lanco Infratech Limited (LITL) has signed a Memorandum of
 Understanding (MoU) with the China Development Bank (CDB) in a bid to
 raise USD 2 billion debt for two power projects, each having capacity
 of 2X660 MW with supercritical boiler technology.
 
 2013
 
 -Lanco Solar wins Most Innovative Product Award 2012 from IESA
 Technovation.
 -Lanco Infratech Ltd. - EPC Division awarded EPC Contract from
 GIPCL.
 -Lanco bags Tasra Open Cast Project from SAIL.
 -Lanco Hills Technology Park Signs with Sutherland Global 80,000 sq
 ft of SEZ space for conducting IT / ITES operations.
 -The company Registrars and Share Transfer Agent has been changed as
 M/s. Aarthi Consultants Private Limited (1-2-285, Domalguda,
 Hyderabad - 500029, Tel: 040-27638111, 27634445, E:
 info@aarthiconsultants.com).
 
 2014
 -Lanco Gets Favourable order from APTEL.
 -Lanco clicks largest deal in thermal power sector by selling its
 Udupi Power plant to Adani; Deal valued at more than Rs 6,000 crore.
 - Lanco Infratech has bagged a contract valued at Rs 3,960 crore for
 undertaking engineering, procurement and construction (EPC) services
 for a power project in Tamil Nadu.
 
 
 2015
 - Lanco Infratech arm inks Power Purchase Agreement with Electricity
 Distribution Companies of Telangana and Andhra Pradesh 
 
 - Lanco Infratech Ltd will receive an income-tax reimbursement of Rs
 175 crore after its subsidiary Lanco Kondapalli Power Ltd (LKPL) won
 a Supreme court case.
 
 - Lanco Infratech  thermal power business operating subsidiary Lanco
 Anpara Power has received a tariff order from Uttar Pradesh
 Electricity Regulatory Commission (UPERC).
 
 - Lanco Infratech Ltd (LITL) started to supply power to Haryana
 discoms from its domestic coal-based 300 MW Unit 2 of the Lanco
 Amarkantak Power Ltd (LAPL), Chhattisgarh.