Lanco Infratech The Most Admired Infratech Enterprise

Lanco Infratech The Most Admired Infratech Enterprise
What began as a Pig Iron business in a small city of Srikalahasti with a handful of employees has today grown into a full fledged Integrated Infrastructure Enterprise with a human resource base of over 5500 members. Since then Lanco has steered through numerous projects in the field of Infrastructure, Construction, Power, EPC, and so on. Today, with operations in 20 states across India and international offices in Jakarta and Singapore; Lanco is fast emerging as one of the top three private sector power developers. A leader in power trading in the private sector, Lanco’s contribution to the industry is second to none. The Construction and EPC division is executing a range of major projects spanning power plants, highways, Airports, Industrial structures, civil structures, and Lanco Hills, one of region’s largest mixed- use property developments. To be honest with you, our journey has been challenging yet exhilarating. With a work team of such dedicated and qualified professionals, we surely believe that - “Sky is the limit,” says confidently, Mr. J Suresh Kumar, CFO, Lanco Infratech Ltd. during his interview with S. A. Faridi.

Explaining company’s business and operating areas contributing to the growth of the company, Mr. Kumar elaborated that Lanco operates across a synergistic span of verticals comprising Power, Non-Power Infrastructure, Construction & EPC, Property Development and Renewables. Major business areas contributing to our growth are - Power Business which contributes about 38% of the revenue, and our Construction and EPC Business which contributes about 62% of the revenue.

Dwelling on the company's global partnership with top-notch companies that has helped Lanco to establish a niche for itself, he said, Lanco's has strategic partnership with some of the renowned companies across the globe which includes: OHL of Spain, Westport, Genting of Malaysia, Dongfang of China etc. Initially working as sub-contractors to our EPC partners, we have now developed in-house capabilities and are executing about 9000 MW of projects.

Talking about the projects in hand, he said Lanco is currently developing two road projects in Karnataka. The cumulative length being around 160 km at an estimated cost of Rs 13,000 million. Lanco is also constructing Lanco Hills; an integrated IT Park spread over 100 acres at Manikonda in Hyderabad. Construction of 4 million square feet of residential space and 0.5 million square feet of office space is currently progress. At Lanco Hills, innovation and technology was used to achieve a slab cycle time of 4 days, which is comparable to the best in the world. Lanco has grown phenomenally in the EPC space. Beginning as a sub-contractor, Lanco has gone up to develop in-house capabilities in EPC. The order book of Construction and EPC as on 31 March 2010 stands at Rs 25,713 crores. The EPC Division alone has over 3500 employees and is executing around 9000 MW of power projects. We are also exploring major international EPC projects and have opened two international offices. One at Singapore and the other at Jakarta.

Lanco Infratech has been one of the pioneering in developing power projects in the country. Our power portfolio consists of a good mix of gas-based, coal, hydel and renewable projects. With 1949 MW under operation, 7362 MW under construction, and 2483 MW of projects under development, Lanco is fast emerging as one of the leading private sector power developers in India. Out of the total portfolio of 11794 MW, 4533 MW has achieved financial closure. Our vision for 2015 is to have an operating capacity of 15,000 MW in Power.

Sharing his concern about the slow pace and slippage in achieving additional capacity planned for the 12th Plan period, he recommends expediting the growth and development of the power sector, timely statutory approvals from the Government and the Regulatory Authorities. Also Physical variables including skilled manpower to execute the projects are in short supply. These concerns need to be addressed on top priority.

Lanco Infratech The Most Admired Infratech Enterprise

On the new technical, manpower and financial challenges the company foresees in the infrastructure and how it as equipped itself to strengthen its end to end competence and resources, Mr. Suresh maintains that Lanco has undertaken several initiatives to strengthen its end-to-end competence. Lanco has strategic tie-ups on the technical front with leading equipment and technology suppliers. It has also partnered with global O&M and EPC companies to strengthen its competence in these areas. Lanco is well placed monetarily. It has recently completed a successful QIP and the cash flows are healthy on the strength of increase in power operating capacity and growth in the EPC and its margins.

The year 2010 is being celebrated as Lanco’s Silver Jubilee Year. On the occasion, we would like to address to our clients through this Journal our firm commitment to be a high performance organization discharging our role as India’s largest Power Traders in the private sector and  achieving an annual turnover of Rs 40,000 crore by 2015  as per Lanco vision for 2015. The passion of the Entrepreneurs has brought Lanco to its present level. Now in its Silver Jubilee Year, Lanco is at a take-off stage and is fully geared to take up the challenges of the changing business environment worldwide. Mobilizing resources within and outside the organization and adapting the best technology and management practices will enable Lanco to build a High Performance Organization which will add value and win the trust of its stakeholders. This will lead Lanco towards it vision of being Most Admired Integrated Infrastructure Enterprise, said Mr. Suresh in his concluding remarks.
NBMCW July 2010
Agrani Enterprises Waterproofing Infrastructure for Longevity & Safety

Agrani Enterprises Waterproofing Infrastructure for Longevity & Safety

“Embracing technological advancements can ultimately lead to more efficient and cost-effective construction practices. This is because the integration of technology in construction companies, particularly in waterproofing, repair, and retrofitting

Read more ...

3D Concrete Printing Workshop with Live Demos

3D Concrete Printing Workshop with Live Demos

Advances in robotics, materials science, and digital design have paved the way for the development of sophisticated 3D concrete printing systems capable of constructing large-scale structures with precision and efficiency. Dr. Vishal Thombare

Read more ...

Jal Shakti Restoring Water To The People of India

Jal Shakti Restoring Water To The People of India

Shri Gajendra Singh Shekhawat, Union Minister, Jal Shakti, shares with S.A.Faridi & Maria R, the challenges and initiatives being taken by the ministry towards effective water management and availability of safe drinking water for India’s burgeoning

Read more ...

Dam Safety Society: Scientific, Technological & Systematic Management

Dam Safety Society: Scientific, Technological & Systematic Management

Dams are critical infrastructure for storing water for a variety of uses like drinking, irrigation, power generation, industrial, domestic, and recreational uses. Managing the precious water assets requires systematic management and

Read more ...

Powerscreen: Strong & Reliable Electric & Hybrid Crushing Machines

Powerscreen: Strong & Reliable Electric & Hybrid Crushing Machines

Powerscreen is actively engaging with its customers to glean information on their job requirements and suggestions, and accordingly making enhancements in its products like Electric & Hybrid Crushing Machines, making them more

Read more ...

Sany India: Batch Mix Plants, Excavators, Cranes & Pilig Rigs

Sany India: Batch Mix Plants, Excavators, Cranes & Pilig Rigs

This achievement is a testament to SANY India’s commitment to provide high–quality, reliable and innovative equipment to the Indian market. Surpassing 30,000 machines operating across India fills us with immense pride. This significant milestone

Read more ...

Paving The Way for More Efficient And Timely Construction & Manufacturing Processes

Paving The Way for More Efficient And Timely Construction & Manufacturing Processes

Transformation of the infrastructure industry is vital for mitigation of climate challenges and the Blue-Green infrastructure offers a sustainable and self-healing solution for the problem at hand, informs Nikhil Jain, CEO, Qubik Group

Read more ...

MCOS Global: Solutions to Reduce Project Delays & Achieve Sustainability

MCOS Global: Solutions to Reduce Project Delays & Achieve Sustainability

Subhashis Kar, Managing Director, MCOS Global presents possible solutions and measures to effectively reduce delays in infra construction projects and bring sustainability in urban developments. MCOS Global is a prominent player

Read more ...

EXCON 2023: Showcasing Construction Industry’s Resilience and Vibrancy

EXCON 2023: Showcasing Construction Industry’s Resilience and Vibrancy

I am sure that a lot of excitement and enthusiasm is building up for the coming week when EXCON 2023, one of the largest construction equipment and technology trade fairs in the world, will open its door to welcome all the

Read more ...

Shri Gadkari discusses on road construction policies, technologies, challenges

Shri Gadkari discusses on road construction policies, technologies, challenges

In a prelude to EXCON 2023, Hon’ble Minister Shri Nitin Gadkari, Ministry of Road Transport & Highways, Government of India, discusses with S. A. Faridi,Group Managing Editor, various aspects of road construction including policies

Read more ...

ICEMA: equipment industry growth prospect, challenges, training etc

ICEMA: equipment industry growth prospect, challenges, training etc

V. Vivekanand, President - ICEMA and Managing Director - Caterpillar India, shares his views on the growth prospects of India’s construction equipment industry and the need for it to embrace higher technology standards to solidify its position

Read more ...

BAI working on construction technologies, sustainability, standardization

BAI working on construction technologies, sustainability, standardization

According to S. Narsimha Reddy, President, Builders’ Association of India, modern construction technologies, use of sustainable building materials and standardisation are important for achieving project completion timelines

Read more ...

COAOI creating favorable environment for crane rental companies

COAOI creating favorable environment for crane rental companies

COAOI engages with the government and relevant stakeholders to promote a more conducive business environment so that crane rental companies can operate efficiently and contribute to the nation’s infrastructure development while maintaining safety

Read more ...

CERA: rental co. instrumental in construction equipment industry growth

CERA: rental co. instrumental in construction equipment industry growth

Rentals are paving the way forward for the construction equipment industry, and to ensure long-term resilience and growth, we are championing initiatives like unity, standardization, and commitment to fair practices

Read more ...

JCB India: Hi-tech Excavators, Telehandlers, Backhoe Loaders & AWP

JCB India: Hi-tech Excavators, Telehandlers, Backhoe Loaders & AWP

JCB is a leading construction equipment manufacturer with a comprehensive range of products that include mini excavators, skid steer loaders, telehandlers backhoe loaders, access platforms, compactors, excavators

Read more ...

Volvo CE: Time-Tested Excavators, Compactors & Asphalt Pavers

Volvo CE: Time-Tested Excavators, Compactors & Asphalt Pavers

Volvo CE started its India operations in 1998 to manufacture crawler excavators, soil compactors, and asphalt pavers. In 2022, it introduced time-tested quality machines like the EC300DL BH, custom-built for quarries, and Volvo EC480D

Read more ...

Wirtgen: Advanced Road Construction, Crushing & Screeing Equipment

Wirtgen: Advanced Road Construction, Crushing & Screeing Equipment

With its various product brands WIRTGEN, VÖGELE, HAMM, KLEEMANN and BENNINGHOVEN, the WIRTGEN GROUP covers the entire road construction process chain from processing, mixing, paving, compacting, and road rehabilitation to

Read more ...

Schwing Stetter: Top Quality Concrete & Road Construction Equipment

Schwing Stetter: Top Quality Concrete & Road Construction Equipment

Schwing Stetter India is a leading provider of a wide range of top-quality products for use in concreting, road building, earthmoving, power projects, high-speed rails, metro rails, and other mega projects. The company invests in developing

Read more ...

Puzzolana: High-Capacity & Hybrid Crawler Crushers, Screens & sanders

Puzzolana: High-Capacity & Hybrid Crawler Crushers, Screens & sanders

Puzzolana is adopting the latest technologies and bringing sustainability in its construction equipment. The company has optimized its production processes by incorporating robotics in painting and assembly, with the aim of achieving

Read more ...

Tata Hitachi: Hydraulic Excavators, Backhoe Loaders & Wheel Loaders

Tata Hitachi: Hydraulic Excavators, Backhoe Loaders & Wheel Loaders

The product lineup of Tata Hitachi India includes a wide range of excavators, ranging from 2-ton mini excavators (including construction and mining variants) to models as hefty as 800 tons, which incorporate the excavator range

Read more ...

To get latest updates on whatsapp, Save +91 93545 87773 and send us a 'Saved' message
Click Here to Subscribe to Our eNewsletter.