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Lanco Vidarbha Thermal Power Ltd

Sector: Commercial • Location: India

Source: World Bank Group

Project
Active

Lanco Vidarbha Thermal Power Ltd was created to build and operate 1320-MW (2x660) thermal power project (based on super critical technology) at Mandva village in Maharashtra. The project obtained the environmental clearance in March 2011. Lanco Vidarbha Thermal Power Ltd was a subsidiary of Lanco Group.

Lanco Vidarbha Thermal Power Ltd signed a Power Purchase Agreement (PPA) with Maharashtra Stat

Status
Prospective
Sector
Commercial, Geothermal, Power Generation (CCGT), Government
Location
India
Updated
22 Jul 2026
Source
World Bank Group

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The project “Lanco Vidarbha Thermal Power Ltd” is an infrastructure initiative in the Commercial sector, located in India. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Lanco Vidarbha Thermal Power Ltd was created to build and operate 1320-MW (2x660) thermal power project (based on super critical technology) at Mandva village in Maharashtra. The project obtained the environmental clearance in March 2011. Lanco Vidarbha Thermal Power Ltd was a subsidiary of Lanco Group. Lanco Vidarbha Thermal Power Ltd signed a Power Purchase Agreement (PPA) with Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the supply of 680 MW of power for 25 years. The PPA for the balance power was to be signed during project construction. The project, estimated to cost Rs 69,360 million (US$1,517 million). The project reached financial closure in December 2010 with a debt component of Rs 5,549 crore and anequity of Rs 1,387 crore. A consortium of 16 banks and financial institutions, with Punjab National Bank in the lead, provided the debt component of the project.

Original sector

Energy

Budget

Location

Country

India

Source

Source

World Bank Group

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Record type

Project

Sector

Commercial, Geothermal, Power Generation (CCGT), Government

Article published date

2024-05-21

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