Daily Archives: March 23, 2012

Lanco Group granted incorrect commissioning certificates for seven solar power plants as part of JNNSM Phase 1 Batch 1

In a major scam, seven associates of the Lanco Group, an infrastructure company owned by Congress MP Rajagopal Lagadapati, were granted commissioning certificates in January by a Rajasthan government body for seven 5 MW solar power plants each in Askandra village, Jaisalmer, … Continue reading

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Bank guarantees of Lanco, Amrit Engineering and others encashed

Source: Business Line With companies missing deadline for the National Solar Mission, NTPC Vidyut Vyapar Nigam (NVVN) has encashed bank guarantees of 14 project developers including Lanco, Aftab Solar, Amrit Engineering and Alex Solar. Of the 14 projects, Lanco is … Continue reading

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