LANCO VIDARBHA THERMAL POWER LIMITED

The project was being implemented on super critical technology by way of a turnkey Engineering, Procurement & Construction (EPC) contract placed on LANCO group’s affiliate company, Lanco Infratech Limited (LITL). LVTPL had made four agreements with LITL for execution of the Project for Offshore Supply, Onshore Supply, Civil & Construction Works and Services.

The most recent Construction Monitoring Report by the Lender’s Engineer dt. September 20, 2016, recorded the engineering progress for the project as 77.62%, and cumulative percentage of construction progress as 26.57%, while the overall progress achieved by the project was stated to be 45.55%.