You are here: Home » Companies and Agencies » Lanco Infratech
Lanco Infratech
More News and Commentary
Guest Contributor: Gabrielle Kuiper and Guest Contributor: Martin Gill
Energy Ministers need to rethink how to mandate demand response for household appliances
As Australia’s electricity system transitions to variable renewable sources, the need for smart solutions such as demand response is increasing. Household demand response provides options to increase or decrease an appliance’s power consumption. It can also be used to change the flow of any onsite electricity generation, for example using excess solar generation to charge […]
IEEFA
The West Australian: Indian group Lanco Infratech has escaped a $200m payment linked to its disastrous purchase of the Griffin coal mine as part of a confidential settlement of one of [Western Australia’s] biggest commercial court cases. The settlement late last year coincided with insolvency firm KordaMentha flagging a final distribution of about $80m to […]
Tim Buckley
Government Regulators Are Doing Nothing to Protect the Public Interests in Lanco Infratech’s Handling of Griffin Coal Mine
In reporting a net loss of US$40 million for the year to March, Lanco Infratech of India, owner of the loss-making Griffin Coal Mine in Western Australia, has notched up its fifth consecutive year of losses. The performance only compounds the clear and ongoing state of financial distress for this Indian conglomerate. Net debt rose […]
Tim Buckley
New IEEFA report- India’s energy transformation gathers momentum
10 August, 2015: India’s ‘seven horses of energy’ electricity sector transformation is gathering pace, with far-reaching ramifications for renewable energy development and the structural decline of seaborne thermal coal, according to a new report released today by the Institute for Energy Economics and Financial Analysis (IEEFA) and Indian energy analysis firm, Equitorials. The report – […]
IEEFA
Stranded Out West: The Imminent Failure of Lanco Infratech’s Investment In Griffin Coal (pdf)
IEEFA
Briefing note: The outlook for financing for Australia’s Galilee Basin coal proposals By: Tom Sanzillo, IEEFA Director of Finance
IEEFA
By Daniel Mercer, The Weekend West Australian – “Fears are mounting about the plight of a Collie mine that supplies coal to one of the State’s biggest electricity generators after it posted one of its biggest losses. Griffin Coal, the Indian -owned mine bought from the wreckage of former tycoon Ric Stowe’s failed business empire […]
IEEFA
MUMBAI- “India Inc, which cited policy paralysis at home among several reasons to invest in Australia’s mining sector, is finding it even more difficult to acquire land, get environmental clearances, overcome regulatory hurdles and achieve financial closures for projects worth billions of dollars down under. Adani, GVK & Lanco invested a total of $4 billion […]
IEEFA Australia: Five issues with demand response standard AS4755
Energy Ministers need to rethink how to mandate demand response for household appliances
As Australia’s electricity system transitions to variable renewable sources, the need for smart solutions such as demand response is increasing. Household demand response provides options to increase or decrease an appliance’s power consumption. It can also be used to change the flow of any onsite electricity generation, for example using excess solar generation to charge […]