Lanco Infratech, one of the leading integrated infrastructure developers, announced that Lanco Anpara Power 1200 MW (LAnPL) one of the step down subsidiary of the company received tariff order from UPERC to compensate for changes in RFP and PPA conditions in respect of coal supply and power purchase payments.
Also the company announced its subsidiary Lanco Solar Private signed a landmark agreement with Chhattisgarh Government to bring Chhattisgarh on the global silicon map.
As per the MoU inked today with the Chhattisgarh Government, Lanco Solar will set up 100 MW solar cell manufacturing plant.
Shares of the company gained Rs 1.06, or 19.89%, to trade at Rs 6.39. The total volume of shares traded was 1,277,894 at the BSE (11.28 a.m., Tuesday).