LANCO Power Ltd (LPL) has set up 2x300 MW Coal based power project near Pathadi - Saragbundia villages on the Champa - Korba State Highway in Chhattisgarh, India. Set to emerge as a trend-setter in the Indian Independent Power Project sector this Project is being developed in phases to ultimately become a 1920 MW Power Project. Set up at a cost of 11000 million (US $ 275 million) the first and second phase of this coal based power project is already operational.