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Our Bureau

Hyderabad, Dec. 18

The MD of Lanco Infratech Ltd, Mr G. Venkatesh Babu, told Business Line that the company would be able to achieve `financial closure' for the Rs 16,000-crore Sasan ultra mega project by the end of 2007 or January 2008.

Thereafter, the first of the six units will be commissioned in 36 months and one each six months thereafter and the project will be completed within 54 months.

Related Stories:
PFC defers financial bids opening for ultra mega projects
Domestic majors dominate bids for ultra-mega power projects
Govt to invite EoIs for five `ultra mega' thermal power projects
Ultra mega power plant final contracts by Dec 31

More Stories on : Power | Outlook

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