Biggies vying for Lanco’s wind power assets

Lanco Infratech, which announced plans to divest interests in wind power assets, has licenses to generate 5,000 MW using wind turbines and has also acquired land largely stretching across Karnataka, Andhra Pradesh and Maharashtra for the purpose.

In addition, Lanco has set up a 10 MW wind farm generation unit at Tirunelveli in Tamil Nadu and a 3 MW wind power generation unit at Chitradurga in Karnataka. These projects have long-term power purchase agreements with Tamil Nadu and Karnataka, Govt. respectively and supplies power to the state grids.