Lanco Infra gets tribunal nod for Amarkantak power project.

Lanco Infratech has secured a favourable order from the Appellate Tribunal for Electricity for the Amarkantak power project located in Korba district of Chhattisgarh.

According to a statement from the infrastructure company, the tribunal has passed its order that enables to determine the new tariff for the second unit of Amarkantak project, which will be higher compared to what was being offered earlier.

As per the order, Amarkantak Unit 2 shall be paid 'regulated tariff' based on the actual capital cost of the project. This would result in sustainable and profitable operation of the project at full capacity.

HBL