India currently has an installed capacity of 210 GW of power, with the projected capacity of about 300 GW by the end of 12th Five-Year Plan (2016-17). The current energy deficit stands at 8.6 percent and the peak deficit at 9 percent. To achieve a Gross Domestic Product (GDP) growth of 8-9 percent, power demand is expected to grow at the same pace and the power deficit expected to continue. Coal is projected to remain the dominant fuel for power generation in the country. The market offers an immense potential with the independent power producer (IPP) share in capacity addition likely to cross 60 percent in the near future.
With its geographically diversified portfolio of thermal power projects, Lanco is uniquely poised to contribute significantly to filling the demand-supply gap in power generation in the country. Lanco has taken a giant leap forward in the private IPP space standing as the top private power producer in the country and will continue to hold its position in the elite league of top three.
In addition to 4732* MW of operational capacity, Lanco is adding another 4636 MW to its power portfolio with a number of plants at advanced stage of construction, set to achieve commercial operations within the next three to four years.
The Lanco Thermal Division operates within the Lanco group's integrated power value chain. This eco-system incorporates EPC, development, operation and maintenance (O&M), trading, transmission and distribution and coal mines. The Division contributes 45 percent to the group's revenues and 76 percent to the EPC order book.
Lanco is one of the very few organisations that offers specialised O&M of thermal power plants, and has set several benchmarks in the area. Though the initial goal is to operate group assets, Lanco aims to become the leading O&M specialist within India and internationally.
*732 MW is getting ready for operation