Lanco’s journey began in 1986, with the entrepreneurial zeal and vision of L Rajagopal who forayed into civil contracting as his chosen field of competence. In the early 90’s with the economic liberalisation in India, Lanco diversified into – Pig Iron, Cement and Foundry. The emergence of Lanco Ferro set the pace for Brand LANCO, the name itself being the acronym for Lagadapati Amarappa Naidu Company, a tribute to the principles and values embodied by their uncle, the late L Amarappa Naidu. From here on, the success sage of Lanco was well set in motion. What followed was setting up of India’s first Independent Power Plant – the Lanco Kondapalli Power Plant – through competitive bidding.
A few years later, L Madhusudhan Rao, took over the reins of the enterprise and under his dynamic leadership, Lanco evolved into a holistic, diversified enterprise with a fast spreading footprint in its defined competencies. Lanco was subsequently consolidated into a single holding company Lanco Infratech Ltd, restructured into five verticals – Power, Construction, EPC, Infrastructure and Realty.
Lanco’s growth curve in financial terms stands at an impressive market capitalisation of USD 3 billion. A name to reckon with in the power sector, Lanco is currently operating 1043 MW of power plants and is augmenting an additional 8258 MW!
Lanco considers CSR as an extension of its core competencies which has evolved as a business vertical in its own right. A reflection of this commitment is evident in Lanco Foundation which has formulated coherent and integrated strategies and is actively present in Education, Health, Livelihoods, Community Development, Environment, Relief & Rehabilitation and Sports & Culture.
Today Lanco, in its Silver Jubilee Year with a Pan-India presence and a work force of over 5000 Lanconians, continues on its journey of excellence having defined its purpose in its Mission, Vision and Values.
Lanco Infratech Limited
Corporate Office: LANCO House, Plot No 397, Phase 3, Udyog Vihar, Gurgaon -122 016, Haryana, India
Phone: +91-124-474 1000 - 044, Fax: +91-124-474 1066
Registered Office: LANCO House, Plot No.4, Software Units layout, HITEC City, Madhapur, Hyderabad - 500 081, India.
Phone: +91-40-4009 0400, Fax: +91-40-2311 6127
www.lancogroup.com
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