• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Advertisement

Hyderabad Jan. 19 Lanco Infratech Ltd has announced it has signed a memorandum of understanding with the Madhya Pradesh Government on Wednesday for setting up of 1200 MW coal-based power plant in the State, with an option to hike it by 20 per cent.

The Energy Department, Government of Madhya Pradesh will facilitate the project development activities by extending all possible cooperation to Lanco, a statement from Lanco said.

Madhya Pradesh or its nominated agency has the first right of purchase up to 30 per cent of the power generated. The balance power can be sold to any other State through competitive bidding process.

The MoU has been signed by Mr K. Raja Gopal on behalf of Lanco Infratech Ltd and Mr Sanjay Bandhopadya, Principal Secretary, Energy Department on behalf of Government of Madhya Pradesh in the presence of the Chief Minister of Madhya Pradesh, Mr Shivraj Singh Chouhan.

More Stories on : Power | Andhra Pradesh

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Project appraisal

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line