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India : LANCO INFRATECH receives Favourable order from APTEL.

One of India's biggest incorporated infrastructure enterprise, Lanco Infratech Limited (LITL), recently stated that The Appellate Tribunal for Electricity' (APTEL) has passed its order in the matter of tariff determination for the second unit of Lanco Amarkantak Power Project in Korba district, Chhattisgarh.

On the actual capital cost of the project, Amarkantak Unit 2 shall be paid Regulated Tariff based as per the APTEL order and this would result in sustainable and profitable operation of the project at full capacity.

The total traded quantity was 16.62 lakh shares as compared to 2 week average of 23.75 lakh shares.

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Publication:Mena Report
Geographic Code:9INDI
Date:Jan 6, 2014
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