As one of India's leading business entities, Lanco Infratech Limited has been driving growth in the domains of Engineering, Procurement and Construction (EPC), Power, Solar, Natural Resources and Infrastructure over the last two-and-a-half decades. Its continuous focus on innovation and expansion together with its commitment to quality and excellence has contributed significantly to the progress that the company has made over a short span of time. The 25-year-old Lanco group is, today, uniquely poised to attain leadership position in its areas of operation.
Propelling the organisation's dynamic advancement is its strategic plan -- Lanco's Vision 2015 -- that is aimed at building an achievement-oriented and customer-centric organisation, committed to attaining industry leadership, with aggressive growth plans for the business verticals that it operates in.
Lanco Infratech Limited became a listed entity in November 2006 following the Initial Public Offering of shares. Lanco's gross revenue before elimination as on 31 March 2012 was Rs 15,398 Crores (USD 3.07 billion)
Seamless integration of its core business competence and strength, EPC, with other domains such as infrastructure, construction and power, has borne rich dividends for Lanco. The organisation's expertise in building large civic and urban infrastructure projects has been deployed in constructing thermal and hydro power projects across the country. In a bid to find cost-effective, sustainable and green solutions to the country's energy requirements, Lanco has made its presence felt in the area of solar power as well. Lanco is fast emerging as one of the top three private sector power developers in India with 4,732* megawatt (MW) under operation, 4636 MW under construction, and 6,840 MW of projects under development.
In a strategic move that provides increased fuel security for its current power generating assets and its future power portfolio expansions, Lanco through its Australian subsidiary, Lanco Resources Australia, has acquired Griffin Coal Mining Company and Carpenter Mine Management. Griffin Coal owns the largest operational thermal coal mines in Western Australia, producing around 4 million tonnes per annum (mtpa) of coal which can be ramped up to upto 18 mtpa in the near term, post development of evacuation infrastructure. Lanco also has strategic global partnerships with leading power companies including Genting, Harbin, GE, Dongfang, Doosan, etc.
With a team strength of over 6,458 people, Lanco, headquartered in Gurgaon close to New Delhi, has a pan India presence in strategic locations and an expanding footprint in the emerging global markets.
Lanco is a privileged member of the World Economic Forum and has been acknowledged as an elite member of the top 200 "Global Growth Companies".
* 732 MW is getting ready for operations.