Lanco Amarkantak

Indian state-run power companies close to buying Lanco asset for $365 mn

The state companies - Power Finance Corp Ltd (PFC), REC Ltd SJVN Ltd and Damodar Valley Corp (DVC) - aim to acquire the coal-fired power plant of Lanco Amarkantak in Chhattisgarh in central India

Updated On: 13 Dec 2022 | 11:02 PM IST

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Adani, Ambani set to clash over distressed assets of Lanco Amarkantak Power

The direct clash between the two major industrialist groups is set to happen during an auction on November 25

Updated On: 23 Nov 2022 | 1:13 PM IST

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RIL inches closer to acquiring Lanco Amarkantak with Rs 1,960 cr cash offer

If the deal goes through, it will be the third big-ticket acquisition by the Ambani firm under IBC

Updated On: 04 Sep 2022 | 10:15 PM IST

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RIL plans entry into coal-based power generation with bid for Lanco's plant

Company makes a foray into coal-based power generation for the first time

Updated On: 18 Mar 2022 | 10:03 PM IST

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IDBI Bank puts Rs 9,750-crore non-performing loans on the block

The top 10 exposure up for sale include Lanco Amarkantak (Rs 1,077 crore), Reliance Communications (Rs 721 crore), Ballarpur Industries (Rs 493 crore), Jyoti Structures (Rs 396 crore), and Unitech

Updated On: 25 Sep 2019 | 2:06 AM IST

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Axis Bank takes Lanco Amarkantak to NCLT over Rs 9.2 bn loan claim

LAPL is a coal-fired power subsidiary of debt-laden infra firm Lanco Infratech, which itself is currently undergoing insolvency resolution process

Updated On: 10 Aug 2018 | 4:07 PM IST