Rs.20,000 Cr Projects In Limbo
  • Prabha Hedge
  • Dec 12 2013

December 12: Three big power projects from Lanco, worth Rs.20,000 crore, have failed to take off as the debt trapped companies struggle to fund them. Work at all three power projects in Orissa, Chhattisgarh and Maharashtra totalling 4,000 MW has stopped as they face financial crunch. Bloomberg TV India’s Amritha Pillay shares a detailed report.