Lanco lowest bidder for Sasan power project

Lanco Infratech has emerged as the lowest bidder for the 4,000 MW Sasan ultra mega power project, outsmarting its nearest rivals Reliance Energy and Tata Power as well as seven other contenders.......

E&Y for fresh Sasan power project bids

Ernst & Young (E&Y), the financial consultant to the beleaguered 4,000 MW Sasan ultra mega power project in Madhya Pradesh, has recommended that the award to the Lanco-Globeleq combine (now......

Reliance Power achieves closure for Sasan, finally

Reliance Power has finally managed to achieve financial closure, the process of tying up funding, for one of India's largest coal-based power projects, the 4,000 Mw ultra mega power plant at Sasan,......

Sasan go-ahead for REL tomorrow

Sasan Power Ltd, the special purpose vehicle floated by Power Finance Corporation for the 4,000 MW project, will on Wednesday issue the Letter of Intent to Reliance Power Ltd - two days after the......