Lanco Infratech on Wednesday said it has carved out two subsidiaries for its thermal and hydro power generation businesses.

Lanco Infratech has put in place - Vamshi Industrial Power as a holding company for thermal special vehicles (SPVs) or projects and Vamshi Hydro Energies for hydro electric SPVs or hydro power plants, the company said in a filing to the BSE.

These two holding companies are wholly—owned subsidiaries of power holding company — Lanco Power, which in turn is a wholly—owned subsidiary of Lanco Infratech.

Shares of Lanco Infratech today ended flat at Rs 19 on the BSE.

(This article was published on April 4, 2012)
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