Lanco Infratech

What Lanco Infratech does

Lanco Infratech Limited (NSE: LITL), founded in 1993 and headquartered in Gurgaon, India, is an integrated infrastructure enterprise operating across Engineering, Procurement & Construction (EPC), Power Generation, Solar, Natural Resources, and Infrastructure. The EPC division, ISO 9001:2008 certified and staffed by approximately 3,000 professionals, executes a 'concept-to-commissioning' model covering thermal, hydro, solar and wind power projects, transmission, highways, metros, and industrial construction. The company is also an Independent Power Producer with 3,460 MW operational capacity (including Lanco Kondapalli 1,476 MW gas-based, Lanco Anpara 1,200 MW coal-based) and an additional 4,636 MW under construction, with the Power Division historically contributing 61% of Group revenues and 72% of the EPC order book (currently Rs. 234,116 million). Backward integration includes Griffin Coal Mines in Western Australia, and the company maintains international offices across Singapore, Beijing, Jakarta, Amsterdam and Perth.

Name

Lanco Infratech

Legal name

LANCO Infratech Limited

Website

https://lancogroup.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

10,001+ employees

Ownership category

akta.pro rank

Product category

Infrastructure & Power Generation

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Power and Communication Line and Related Structures Construction (237130)

SIC

Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

akta.pro secondary industries

Substation & Interconnection EPC (Collector/POI Substations, Switchyards) (EUAEADAC), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Civil & Site Works EPC (Earthworks, Roads, Drainage, Foundations) (EUAEADAA)

Keywords

• Power generation
• EPC services
• Thermal power plants
• Infrastructure construction
• Solar energy solutions

Headquarters

HQ city

Gurugram

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Infrastructure, Supply Chain, Operations, Technology or R&D

Revenue model

1. Power Generation: Independent Power Producer (IPP) operations generating revenue from operational power plants. 3460 MW of operational capacity with 4636 MW under construction. Contributes 61% to Group's revenues.
2. EPC Services: Engineering, Procurement & Construction services provided to external customers at national and international level. Contributes 72% to the EPC order book. Current order book Rs. 234,116 million.
3. Power Trading: National Energy Trading & Services operations for buying and selling power.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Lanco Infratech provides integrated Engineering, Procurement and Construction (EPC) services on a 'concept to commissioning' basis for power, transmission, transportation, and industrial infrastructure projects. The company also operates as an Independent Power Producer (IPP) with thermal, hydro, wind, and solar power generation assets, alongside solar EPC, natural resources (coal mining), infrastructure development, and property development.

Product overview

Lanco Infratech is an integrated infrastructure enterprise offering Engineering, Procurement & Construction (EPC), Power Generation, Solar, Natural Resources, Infrastructure, and Property Development services. The company's EPC division (ISO 9001:2008 certified) provides concept-to-commissioning services for power plants, transmission, transportation, and industrial projects. The Power segment includes thermal (coal/gas-based), hydro, wind, and solar generation assets with a combined operational capacity of approximately 3,460 MW plus additional capacity under construction. Key power projects include Lanco Kondapalli Power (1476 MW gas), Lanco Anpara Power (1200 MW coal), Lanco Teesta Hydro (500 MW), and Lanco Solar operations. Infrastructure services span roads, highways, bridges, metros, buildings, and airports. The company also operates property development through LANCO Hills Technology Park and holds natural resources assets including Australian coal mines.

Differentiator

Problem solved

Functional benefit

Products and services

• EPC (Engineering, Procurement & Construction) Services

Quantifiable outcome

• Successfully commissioned 4,732 MW of power projects
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• GAIL (India) LtdcoreOthersLong-term natural gas supply contract for Lanco Kondapalli Power plant. Phase I and II gas supply from GAIL on long-term contract basis.
• Reliance Industries LtdcoreOthersNatural gas supply from Reliance Industries Ltd based on long-term contract for Lanco Kondapalli Power plant.
• Genting LANCO Power (India) Pvt LtdcoreStrategic or Co-development PartnerJoint venture between LANCO Infratech and Genting Group (Malaysia) for Plant Operations & Maintenance of Lanco Kondapalli Power plant.
• Himachal Pradesh State Electricity Utility (HPSEB)coreOthers40-year PPA for power off-take from Drinidhar Small Hydropower Project and Upper Khauli Small Hydropower Project in Kangra district, Himachal Pradesh.
• Tamil Nadu Water Supply and Drainage (TWAD) BoardminorOthersWater supply arrangement from Kollidam River for Lanco Tanjore Power plant through TWAD Board.
• Mahanadi Coalfields LtdcoreOthersCoal supply for Lanco Babandh Power plant from Mahanadi Coalfields Ltd along with captive coal mine at Rampia.
• Power Grid Corporation of India Limited (PGCIL)coreOthersPower evacuation through dedicated transmission line connection with PGCIL substation. For Kondapalli through 400kV D/C line to Nunna substation, for Teesta VI through 220kV D/C line to Rangpo substation.
• Chennai Metro Rail LimitedminorChannel Partner/ Reseller/ DistributorFirst Metro Project on EPC basis for Design & Construction of elevated station at Meenambakam and Viaduct, Ramps, Cut & Cover Tunnel between OTA station and Chennai Airport Station.
• MoserbaerminorChannel Partner/ Reseller/ DistributorEPC contract for 2x600 MW Moserbaer power project currently under execution.
• Koradi Thermal Power ProjectminorChannel Partner/ Reseller/ DistributorEPC contract for 3x660 MW Koradi Thermal Power project currently under execution.
• Akaz Power (Iraq)minorChannel Partner/ Reseller/ DistributorEPC contract for 2x125 MW Akaz Power project in Iraq currently under execution.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• NTPC Limited: NTPC is India's largest power producer and a public sector giant with 70,000+ MW capacity across coal, gas, hydro, solar, and nuclear. Operates in the same generation and EPC space but as a much larger, state-owned incumbent.

Direct peers

• Tata Power: Tata Power is one of India's largest integrated power companies with own generation (thermal, hydro, solar, wind), transmission, distribution, and EPC capabilities. Directly comparable to Lanco as an Indian IPP with diversified generation portfolio and EPC services.
• Torrent Power: Torrent Power is an integrated power utility in India with own generation (gas and renewable) and distribution franchises. Comparable to Lanco as a mid-sized Indian IPP serving state DISCOM customers under long-term PPAs.
• Bharat Heavy Electricals Limited (BHEL): BHEL is India's largest power plant equipment manufacturer and EPC contractor for thermal, hydro, and nuclear plants. Directly comparable to Lanco's EPC business for power projects (concept to commissioning) including coal, gas, and hydro.
• Reliance Power: Reliance Power operates India's largest portfolio of private-sector power generation assets including coal, gas, hydro, and solar. Same Indian IPP business model with large under-construction capacity, directly comparable to Lanco's operational and pipeline portfolio.
• Adani Power: Adani Power is one of India's largest private thermal power producers with 12,000+ MW operational capacity. Direct peer as a private IPP focused on coal-fired generation supplying state DISCOMs under long-term PPAs.
• JSW Energy: JSW Energy is an Indian IPP with thermal, hydro, and renewable generation. Comparable to Lanco as a diversified Indian power producer pursuing both thermal and renewable expansion.
• GMR Energy: GMR Energy operates thermal and renewable power assets in India and internationally, and also provides EPC services. Comparable to Lanco's integrated IPP+EPC business model with similar exposure to state DISCOM customers and stressed balance sheets.
• CESC Limited: CESC is an Indian integrated power company with own generation (thermal and renewable) and licensed distribution in Kolkata and Rajasthan. Comparable to Lanco as an Indian IPP with similar PPA-based revenue model.

Emerging players

• Suzlon Energy: Suzlon is India's largest wind turbine manufacturer and EPC provider for wind power projects. Comparable to Lanco's renewable EPC business, particularly its wind power development at Chitradurga and solar EPC capabilities.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/lancoinfratech
• Facebookfacebook.com/220771311283773
• LinkedInlinkedin.com/company/lanco

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lanco Infratech