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JULY 2005 / Issue - 15
In-house magazine of LANCO Group
ABAN
GOES OPERATIONAL
� LAPPL SIGNS EPC CONTRACT
��LGPPL BAGS 360 MW PROJECT IN SIKKIM
��LITL WINS IT PARKS BID IN AP
A REWARDING TIME AHEADExactly a year ago, we went in for a revamp of LINKS,giving it a new look. Thereafter with every successive issue, we have tried to improve on its look and contents. We could do it because you have been there as our support.
On this occasion we re-commit ourselves to keeping you well informed of all happenings across LANCO spectrum every quarter. Towards that end, together let us make LINKS not only very informative and enjoyable but also a vibrant link in LANCO Family.
V SREENIVAS
Director - Corporate Affairs
This is for internal circulation only. The views expressed in this magazine are not necessarily those of the management.Edited by V Sreenivas and published bythe Corporate Communications Department for and on behalf of LANCO Group.Printed at Kalajyothi Process Pvt Ltd, Hyderabad.
CONTACT:
LINKSThe Corporate Communications DepartmentLANCO House, 141, Road No 2, Banjara Hills, Hyderabad-500 034 Andhra Pradesh, IndiaTel : +91-40-2354 0701/ 703, Fax:+91-40-2354 1367 email: [email protected]
Editorial TeamGeorge Karimalil (Executive Editor)K Raja Gopal, Thota Rajendra Prasad, Janakiram RaoDesignC Pradeep Reddy, Ch Surendar
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3 CHAIRMAN'S MESSAGE
4 LGSL AND LGSI TO MERGE
5 FOCUS ON BUILDING RIGHT TEAM
7 FACE TO FACE
9 LITL TO DEVELOP IT PARKS
11 ABAN IN PERSPECTIVE
15 LAPPL INKS EPC PACT
18 LGPPL BAGS TEESTA VI
19 LGPPL SIGNS PPA
20 HUMAN FACE
21 IN PERSON
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CONVERGENCE
“The ultimate success lies in re-orienting every happening
to meet the targets collectively, drawing on the synergies we have come to
possess over the years .
In line with the theme of 2005, the second quarter has been marked by a series of major happenings. This is not only encouraging but also reconfirming our belief that we are on the right track to achieving the goals set for the year.
As part of the ongoing exercise of restructuring the Information Technology sector, Arjun Valluri is now with LANCO family. As former Chairman, President and Chief Executive Officer of Intelligroup Inc, Arjun Valluri was responsible for its growth from US$ 1 million to US$125 million in a short time. We welcome him as a Partner and Chief Executive Officer of LANCO Global Systems. I am now confident that our IT initiatives will have a new direction soon to establish ourselves on the global front.
Equally encouraging is LANCO Infratech's successful bid for the development of IT Park-cum-Residential-cum-CommercialComplexes in Hyderabad and Visakhapatnam of Andhra Pradesh, covering 13 million square feet. This would certainly brighten LANCO's prospects in the Infrastructure sector.
As expected, ABAN has gone into commercial operation as per schedule. The successful synchronisation of ABAN with the TamilNadu Electricity Board Grid in February last had raised hopes in a state continuously struggling to balance between the rising demands for power and the falling levels in supply. This has also opened the door to launching new projects in the state.
The signals emerging from LANCO Amarkantak are also encouraging. The signing of EPC Contract with Zelan Power Pvt Ltd would certainly accelerate the process of implementing the first unit of the 4 x 300 MW power project. Similarly LANCO Green’s 70 MW Budhil Project, along with four small hydro projects aggregating to a capacity of 20 MW, is also heading for financial closure towards the end of the third quarter. The successful bidding of the 360 MW Teesta VI Hydropower Projectin Sikkim has strengthened our foray into the hydro sector.
All these happenings are indeed heartening for LANCO. And the ultimate success lies in re-orienting every happening to meet the targets collectively, drawing on the synergies we have come to possess over the years.
L Madhusudhan Rao
”
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ARJUN VALLURI IS NEW CEO
LANCO Group has brought in Arjun Valluri as Director and Chief Executive Officer of LANCO Global Systems Limited(LGSL) as part of restructuring its Information Technology sector.
Addressing media persons in Hyderabad on 27 June 2005, ChairmanL Madhusudhan Rao said the move was aimed at accelerating the growth of the company. He also announced the decision of the LGSL Board of Directors in principle to acquire LANCO Global Systems Inc (LGSI) by way of merger. He said the Company had already started to initiate the process of merger. On merger, LGSL, a listed company, would emerge as a prominent IT company in Hyderabad, he added.
Arjun, who has acquired substantial shareholding in LGSI, said the companyhad already hired seasoned IT professionals and created a global management team, including Qaiser Paul (President and Chief Sales Officer - US Operations), Manjunath Dattatreya (Senior Vice-President - Global Resource Management and Recruiting), MVR Kumar (Vice-President - SAP Practice), Nagaprasad Kandimalla (Vice-President - Client Services), Gaurav Sharma (Chief Operating Officer) and P Rakesh Kumar (Vice-President - Technology Services and Delivery). In addition, LGSI had already bagged three Fortune 50 customers.
He said the new entity would focus on specific industry verticals such as energy,financial services and process and discrete manufacturing. In addition to aggressive organic growth, LGSL would be active in inorganic growth, i.e. Merger and Acquisition. He said the company had set for itself a target of US$ 50 million revenue in the next one year and thereafter sequential growth at the rate of 40-50 per cent year on year basis.
LGSL CEO Arjun Valluri addressing the media in Hyderabad. Others on the dais are Suresh Chukkapalli, L Madhusudhan Rao,
G Bhaskara Rao and Y Harish Chandra Prasad.
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graduate from Mysore Operating Officer. He University, he brings with holds a Masters in him more than 14 years of Instrumentation from BITS,experience in managing
Pilani. He has more than staffing, resource and HR
15 years of experience in functions.Pre-sales, Delivery, Process
and People management.
Qaiser Paul is President for Nagaprasad KandimallaUS operations and Chief is Vice-President - Client Sales Officer. He has more Services. He is responsible than 13 years of experience for Strategic Customer in Sales, Marketing and Engagements, Business Delivery. Strategy and Delivery. He
holds a Bachelor's degree in Mechanical Engineering and Masters with
MVR Kumar is Vice- specialisation in Energy and President - SAP Practice. Systems. P Rakesh Kumar is Vice-With a Masters from IIT, President - TechnologyChennai, he has more than Services and Delivery. With18 years of experience in more than 22 years of IT Pre-sales, Delivery and experience, especially in Process. He also has 10 handling global clients years of functional from varied industries, he is experience in projects, an enterprising leader with Manjunath Dattatreya is
an ability to train and operations and Senior Vice-President - motivate cross-culturalmaintenance activities in Global Resourceteams in optimising their the steel manufacturing Management and performance levels.Gaurav Sharma is Chief industry.Recruiting. An engineering
FOCUS ON
Arjun Valluri has taken over as Chief Executive Officer of LANCOGlobal Systems (LGS). He brings with him more than 14 years of experience in Information Technology. He has received various awards, including NJ Fast 50 Awards, NJ Entrepreneur of the Year Finalist, NJ Ernst and Young Entrepreneur of the YearWinner, Var Business 500 Awards and Ronald ReaganTechnology Award from the World Business Forum. In a chat with LINKS, he opens up, outlining his vision and strategy for LGS.
What is your immediate plan of action for LANCO Global?
Which are the segments you plan to focus on?
You are one among the few who have made it big in IT.What is the secret of your success?
Our immediate plan is to build the Global management team by the end of June. We are on schedule to get this completed.
We will have IT services and Knowledge Process Outsourcing (KPO) as key focus areas.
Success is predominantly based on building the right 'team' to focus on execution of the business strategy.
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Arjun Valluri
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LANCO Group Vice-Chairman and LKPPL DirectorG Bhaskara Rao has been nominated to Southern Regional Council(2005-2006) of the Confederation of Indian Industry (CII) as one of the two AP State Representatives.
Other LANCO officials nominated to AP Panel as well as Southern Region of CII are Arjun Valluri (IT and Communications), V Sreenivas (Public Policy, Social Development and Corporate Social Responsibility),K Raja Gopal (Energy and Environment), B Dharma Teja(Industry Institute Interaction and Infrastructure),R Parthasarathy (Corporate Governance), TS Babu (Human Resources and Industrial Relations), D Krishna Rao (Economic Affairs) and T Ramakrishna (Exports).
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CALL TO CULTIVATE ART OF COMMUNICATION
Y Harish Chandra Prasad, Managing Director of LANCO Kondapalli Power, has underscored the need of cultivating the art of communication. “Most of us are very poor in communicating properly. In this age of advanced science and technology, the right way of communication is very important,” he said.
Speaking at a function organised by LANCO Club on 20 May 2005, Harish said he had learned the importance of communication the hard way. “Weshould communicate in such a way that we are properly
understood,” he added. He also said everyone should try to be an entrepreneur looking for new opportunities all the time.
STRESS ON HEALTHYRELATIONSHIP
It is relationships that make an organisation grow.Efforts should therefore be made to keep the relationships between the management and the employees healthy and strong, according to K Narendranath, Associate Professor, Department of Business Management, Osmania University.
Speaking on “Building Healthy Relationships” at a function organised by LANCO Club, Hyderabad on 30 April 2005, Narendranath said the management should be value-based, maintaining maximum transparency. This would ensure a healthy relationship, leading to greater growth of the organisation, he added.
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G Venkatesh Babu,Director - Finance, LANCO
Group, is a person with high energy levels. His handsome countenance is only a cover for the aggressiveness with which he pursues the goals
set. There is in him an insatiable hunger to take on new challenges. In a tête-à-
tête, he opens up, sharing some of his inner thoughts.
What are the changes you could bring about in LANCO after taking over as Director - Finance?
What was the most cherishing moment in your life?
Could you recall any major event in LANCO that you personally feel good about?
Do you have any hobbies to keep your stress-level balanced?
What made you to go for a career in finance?
You seem to like taking on You once tried to be a model. What challenges.made you to give it up?
I joined LANCO. The entrepreneurship phase was really good. I have learned a lot from my experiences, which continue to influence me even today.I have tried to introduce innovation and
improvisation in financing, besides encouraging certain amount of “indiscipline” in the thought process. I continue to cherish that day when I This has brought in good results. cleared my CA examinations and later
secured the all India forty-eighth rank. Equally memorable was the Infant Stimulation Programme (ISP) that I experimented on before my daughter I feel good about the financial closure was born. ISP is all about “creating” a of ABAN Power, which has now been Smart Baby and is a well-researched commissioned. Similarly LANCO subject.Amarkantak and small hydro projects
have made rapid strides in evolving into a stage where they could successfully tie up all finances and are I used to take time off to play golf,due to start construction. which has now become unaffordable. I
have been doing meditation for the last 15 years, from the day I discovered that Meditation has been scientifically The number of students passing out of proved to be good for thought process. Chartered Accountancy every year has I have trained my mind to go into an been abysmally low. This made me go auto-off mode once I get back home. I for the profession. also like reading non-fiction.
I encourage people taking risks and I tried to become a model to establish approach opportunities from different versatility in my character. But what I thought processes. I left my career with got was an acting role for an ad slot. WI Carr and Credit Agricole Indosuez Then I realised that it was not my cup (Calyon) to become an entrepreneur to of tea. experiment with new ideas, after which
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LANCO Kondapalli Power Pvt Ltd Managing Director Y Harish Chandra Prasad has become a member of Advisory Committee of Jawaharlal Nehru Institute for Development Banking (JNIDB).
JNIDB is an institute established by the Industrial Development Bank of India (IDBI) in 1991 in Hyderabad for developing human resource in the financial and banking sector in India and other developing countries through training, research and consultancy. An advisory committee of eminent bankers and erudite academicians has been providing overall guidance and direction to the Institute.
Harish is also a member of Managing Committee, CII (AP State Council), Convenor of Infrastructure Panel, CII (AP State Council) and member of Energy and Environment Council, CII (Southern Region).
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Cliff Harris, Regional CSA Portfolio Manager, GE Energy visited LANCO Kondapalli Power Plant on 24 April 2005.
Others who visited the Plant include Naveen Mittal IAS, Krishna District Collector, Bandaru Anjan Raju, AP Handicrafts Development Corporation Chairman, Jogi Ramesh,APSRTC Satvahana RegionZonal Chairman, Susurla, Additional Director of MoE&F, Bangalore Anjaneya IDBI, Hyderabad, Ambati Prasad and Nagi Reddy of Rambabu, APIIC Chairman, M APPCB, Vijayawada, M Venkatappa Reddy, Director of Malakondaiah IPS, Joint APIIC and P Madhusudhana Managing Director (Vigilance and Reddy, Chief Manager and KB Security), APTRANSCO, Ashok K Kumar, Manager (Advances) of De, DGM and Gowtham D of Dena Bank.
GE ENERGY OFFICIAL VISITS LKPPL
B Dharma Teja, a postgraduate in Management (Marketing and Finance) from Indian School of Business, Hyderabad, has joined LKPPL as Vice-President(Operations). He looks after the overall operations of the company.
An engineer from MREC, Jaipur, he did his Postgraduate Diploma in Advanced Construction Management from the National Institute of Construction Management and Research, New Delhi.
B DHARMA TEJAJOINS LKPPL
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Cliff Harris, Regional CSA Portfolio Manager,GE Energy on a visit to LANCO Kondapalli Power Plant
LANCO INFRATECH
IT PARKSTO DEVELOP
LANCO Infratech Ltd (LITL) is the successful bidder to design,develop, finance, construct, market, operate and maintain two Information Technology (IT) park-cum-commercial-and-residential complexes in Hyderabad and Visakhapatnam.
In response to the Request for Proposal (RFP) issued by the Andhra Pradesh Industrial Infrastructure Corporation Ltd from approved developers, LITL submitted a proposal and won the bid. The Letter of Award (LOA) is expected shortly. LITL will now develop one IT park on 100 acres at Manikonda in Hyderabad at a cost of Rs 20,000 million and the other on 10.65 acres on Beach Road in Visakhapatnam at a cost of Rs 3,800 million.
LANCO Technology Park (LTP) is being developed as a unique venture in accordance with the international standards of modern design and global needs in mind. It will be a self-sustained Knowledge Economy Ecosystem designed and developed to support the operations of high-technology enterprises.
At LTP, a WALK-TO-WORK culture will be developed by providing an integrated IT Park with housing and retail facilities.
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LANCO Infratech Ltd (LITL) has bagged an order for the (Rs 400 million) for Airport Authority of India, Housing construction of Institutional building worth Rs 70 million Units at Air Force Station, Maharajpur, Gwalior (Rs 370 for the Central Institute of Fisheries Education (CIFE) in million), Housing Units at Air Force Station, Bangalore Mumbai. (Rs 204 million) and Housing Units at Army Station,
Bangalore for Director General, Married LITL has also been pre-qualified for construction of New Accommodation Project, Ministry of Defence, and Integrated Terminal Building at Visakhapatnam (Rs 480 Hospital Medical College Building and Hostel Block, million), New Terminal Building Complex at Maharana Commercial Block and Residential Quarters in IGMI Pratap Airport at Udaipur (Rs 446 million) and New Project Phase-1 for the Nagpur Improvement Trust,Domestic Arrival Block at SBPI Airport at Ahmedabad Nagpur (Rs 700 million).
INHS Asvini Hospital, Mumbai built by LANCO Infratech Ltd (LITL) was awarded Commendation Certificate in Category-IIInstitutional, Commercial Office and RecreationalComplexes by the Professional Screening Committee of the Indian Building Congress (IBC) at a function held in New Delhi on 12 May 2005.Incidentally Asvini Hospital is considered to be the single longest hospital in India.
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T Adi Babu has joined LANCO Infratech Ltd as Vice-President(Finance). A Cost Accountant by profession, he brings with him more than 20 years of experience in Corporate Financeand Accounts, of which nine years as Head- Finance in varied industries.
Srinagesh Ramabhotla has joined LANCO Infratech Ltd as GM (F&A). A qualified Chartered Accountant, he brings with him more than 18 years of hands-on experience in Financeand Accounts.
LINKS extends its Greetings to
all Lanconians and Associates
on Independence Day, Raksha
Bandan and Vinayaka Chavithi.
May these special occasions
bring abundant joy and
happiness into your lives.
Greetings !
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LITL BAGS CIFE CONSTRUCTION ORDER
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ABAN IN PERSPECTIVE
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A STORY OFGRIT ANDDETERMINATION
A STORY OFGRIT ANDDETERMINATION
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The farmers inhabiting Karuppur village near Mayiladuthurai in Tanjore district of Tamil Nadu could It was in September 2002, LANCO took over APCL by never have dreamed of having a power generating unit signing the ABAN Shareholders Agreement. That was in their place. The unit, spread over a vast stretch of the beginning of a series of struggles to get the project land abutting the Kuttalam-Panthanallur Road passing moving ahead. The first was to purchase a large chunk through their village, today provides not only succour to of land in Karuppur village jointly owned by 22 people, the power-deficit state but also employment protecting the agreement from the Agricultural Landopportunities to all those living around. Much more is Ceiling Act. However it took nearly six months to have the pride they have come to posses, of being on the all the clear titles, making them bankable. roadmap to progress.
Getting the required clearances from the Tamil Nadu ABAN Power Company Ltd (APCL) is thus the unfolding Electricity Board and financial sanctions from the Powerstory of collective grit and determination. In all there Finance Corporation Limited was equally challenging.were eleven companies short-listed by the Tamil Nadu Once that was done and the financial closure achieved, Industrial Development Corporation (TIDCO) for short- APCL signed the EPC Contract and got the grading gestation power projects. And APCL emerged to be the completed and the site ready for starting civil works. first to complete, with another lone project trailing behind. The rest fell by the wayside, unable to meet the Although the machines from GE, a global leader, were
an assurance of quality and top class performance, the mounting challenges that came in their way.
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availability of spare parts posed a major problem, as the spares were not available in the open market. Finally APCL went for a comprehensive spare part-cum-service agreement, including operational spares with GE for a period of 14 years.
The shortage of gas from the Kuttalam region was yet another setback. Although APCL's proposal to tap the surplus gas from the neighbouring regions was initially cold-shouldered, the Government, GAIL (India) Ltd and the Oil and Natural Gas Corporation (ONGC) later fell in line, approving the proposal to connect Narimanam to Kuttalam, covering a distance of 40 km.
With the TNEB finally giving clearance for giving power connection, things moved fast, leading to open synchronisation on 18 February 2005 and combined cycle synchronisation in July 2005. Now that the unit has finally gone operational, the prospects are bright not only for further growth of ABAN Power Company but also for LANCO's venture into newer areas in Tamil Nadu.�
P Panduranga Rao, CEO
With 24 years of varied experience in areas ranging from
finance to power projects, Panduranga Rao is credited with the successful implementation of the 120 MW ABAN Power
The successful completion of the project has served to increase the confidence of global partners. What would you say about it?
The Indian EPC Contractor, with support from LANCO Group, has made the project successful within the time specified. This has indeed increased the confidence of the global partners that LANCO can implement projects in time in spite of all hassles in getting required clearances. Similarly LANCO's initiative to take up the O&M responsibility of the project has gone down well with the partners.
In the light of the successful completion of the project, what are the opportunities for the expansion of the project at the same place?
LANCO'S SYNERGIES BEHIND
ABAN SUCCESSCombined Cycle Project on a fast track basis. A down to earth person, he says collective efforts alone have made it possible.H
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V Ravindran,GM (Technical)
With 24 years of experience in thermal powerprojects,Ravindran, a
What has made you to go for an in-house O&M? What are the benefits like?
I personally feel there is no need for a separate O&M setup. We have recruited people with sufficient experience in O&M. We have the required expertise to handle all O&M requirements. The main advantage is that the company's interests are not
OWN O&M SAFEGUARDS
ABAN INTERESTS
If gas or LNG is made available, we can double the capacity at the existing site. Heads of agreement have already been signed for the supply of 14 lakh cubic metres of gas per day from GAIL. There is a proposal by GAIL and IOC to bring LNG to Chennai and a dedicated pipeline is proposed to be laid up to the Cauvery region connecting Kuttalam.
When the idea of implementing the project with ABAN and later taking up O&M responsibility came up, LANCO Group's rich experience in power projects has turned out to be very useful. It has helped ABAN plan and implement the project, including the building of O&M team and training them at LANCO Kondapalli Power Project.
How have the synergies that LANCO Group has come to possess over the years helped in the implementation of ABAN Project?
�
holder of MSc in Heat PowerEngineering from REC, Rourkela, is upbeat over the implementation of the project on a fast track basis.
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R Parthasarathy, environment, health and safety GM (F&A) requirements of the plant.With 29 years of experience in finance, secretarial, imports and general management, Parthasarathy, who has an M Com, LLB, ACA, AICWA and ACS,is gifted with a knack of managing people to get things done in time. BV Udayakumar,
Asst GM (O&M)With 20 years of experience in power plants, Udayakumar, who holds an ME in Thermal Power Engineering, is responsible for normal and emergency R Prem,operations and maintenance of all the AGM (F&A)
Young, energetic and one of the first to plant systems among other things.join the ABAN team, R Prem, a Chartered Accountant by profession, is entrusted with the responsibility of raising project finance from a consortium of banks and financial
V V Rao, institutions and working capital facilities.AGM (Maintenance) With 14 years of experience in O&M and EPC jobs in Thermal PowerStations, V V Rao, who holds an ME in Siva Subramanian,Electrical Engineering from Bombay Sr Manager (EHS)
With a Diploma in Industrial Safety and University, is responsible for overall 18 years of varied experience, Siva maintenance of the plant.Subramanian is entrusted with the responsibility of looking after
highly structured. Own O&M not only provides greater control of operations but also leads to huge saving. I think in course of time this can turn into a “We have a unique system to take care business opportunity to take up O&M all safety requirements, covering contracts outside.” interspacing between the units,
predominant wind directions and mean sea levels. Our fire-fighting systems are as per TAC approved layouts and drawing. We have also complied with “TNEB has entered into agreements all environment statutory requirements.”with many important power producers.
But none of them use natural gas as fuel, which is clean and environment friendly. While the producers using naphtha or diesel are charging TNEB on a cost basis, including variable expenditures, we charge them a lower “In our plant, maximum hazard is from levelised tariff. So financially we are natural gas, which is a clean fuel. Wenumber one in the merit order.” do not store gas. Instead, we take it
directly from GAIL and use it as fuel for the gas turbine. We try to avoid the origin of risk itself. Once safety is there, certainly production will go up.” “The team work, coupled with the
support extended by the consortium of lenders, has helped the ABAN Projectmake it in time. With the successful commissioning of the project, the ability of LANCO Group to implement such projects on a fast track basis has been demonstrated once again.” “We have an O&M system which is �
KEY PLAYERS
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compromised at any stage. Natural gas is a clean fuel. The only possible
pollution is nitrous oxide, which has been taken
care of technically. Not only fuel but even the
plant design is also environment friendly.In so far as the gas turbine technology is concerned, GE is a world leader. Ours is an advanced technology with very high efficiency,requiring less water consumption. We have gone for a long term contract with GE to ensure Our O&M setup operates in four shifts. All the supply of specialised parts and also engineers are highly experienced. Our maintenance of the machines. experience norm is similar to other O&M setups
at the multinational level. Systems and
procedures have also been developed to have
standard operations and maintenance.
To what extent have the machines manufactured by GE impacted your performance?
What is the organisational setup of O&M? How
is it going to perform operations on a global
scale?
The use of natural gas has turned out to be
environment friendly. Has there been any
reaction? �
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2005. As per the agreement, HPCL would supply LANCO Amarkantak Power Pvt Ltd (LAPPL) has signed Heavy Furnace Oil (HFO) and Light Diesel Oil (LDO) an Engineering Procurement and Construction (EPC) for the project. LAPPL CEO TV Krishna and HPCL Contract with Zelan Projects Pvt Ltd (ZPPL), a member Nagpur Regional Office Manager (Marketing) K of Tronoh Group, Malaysia, for the first 300 MW Unit Banerjee signed the Secondary Fuel Supply Agreement of 1200 MW LANCO Amarkantak Mega Thermal in the presence of G Bhaskara Rao and Y Harish Power Station. Chandra Prasad.
LAPPL Chief Executive Officer TV Krishna and Zelan Projects Pvt Ltd CEO and Director Joseph WP Chong on behalf of their respective companies signed the contract in Hyderabad on 25 May 2005. LANCO Group Vice-Chairman G Bhaskara Rao, LANCO Kondapalli Power Pvt Ltd Managing Director Y Harish Chandra Prasad, LANCO Group Director-FinanceG Venkatesh Babu, Zelan Holdings (M) SDN.BHDGroup Managing Director Albert Chang, ZPPL Executive Director SP Matthai, Senior ProjectCoordinator Anthony Teoh and other officials were present on the occasion.
LAPPL also entered into a long-term Secondary FuelSupply Agreement with the Hindustan PetroleumCorporation Ltd (HPCL) for the first unit on 25 May
SECONDARY FUEL SUPPLY PACT WITH HPCL
LANCO AMARKANTAK
EPC PACTINKS
WITH
LAPPL CEO TV Krishna and Zelan Projects Pvt Ltd CEO and Director Joseph WP Chong exchanging the EPC Contract documents. LANCO Group Vice-Chairman G Bhaskara Rao, LKPPL MD Y Harish Chandra Prasad and Zelan Holdings (M) SDN.BHD Group Managing Director Albert Chang are also seen
LAPPL CEO TV Krishna and HPCL Nagpur Regional Office Manager (Marketing) K Banerjee exchanging the Secondary Fuel Supply Agreement documents. LANCO Group Vice-Chairman G Bhaskara Rao and LKPPL MD Y Harish Chandra Prasad are also seen.
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B Manohar has joined LANCO Group as Director (PropertyDevelopment). With a B Tech in Electrical Engineering, he brings with him 19 years of experience in implementation of projects like steel, chemical, power and infrastructure/property.
TS Babu has joined LANCO Group as General Manager (HR and Admn). An MBA in HR from Xavier Labour Relations Institute (XLRI), Jamshedpur and LLB from Behrampur University in Orissa, he brings with him more than 22 years of experience in HR management and administration.
LANCO Amarkantak Power Pvt Ltd (LAPPL) has shifted its corporate office to a new building.
The new address is as follows.
3rd Floor, Plot No 130,Road No 2, Banjara Hills,
Hyderabad 500 034Ph 2355 1256 & 2354 6093
Fax 2354 3932
LANCO Amarkantak Power Pvt Ltd,
ADDING STRENGTH
LAPPL CEO TV Krishna and PTC India Ltd Executive Vice-President (Corporate Development) Rajiv Bhardwaj exchanging the Final PPA documents. PTC India LtdCMD TN Thakur looks on.
FINAL WITHPTC INDIA LTD
PPA SIGNED
PTC India Ltd signed the FinalPower Purchase Agreement with LAPPL for the purchase of total power produced from the First 300 MW Unit on 11 May 2005. PTCIndia Ltd subsequently signed the Final Power Supply Agreement (PSA) with Madhya Pradesh State Electricity Board (MPSEB) for theentire power from the LAPPL Unit on 30 May 2005.
LAPPL CEO TV Krishna and PTCIndia Ltd Executive Vice-President(Corporate Development) RajivBhardwaj signed the agreement on behalf of their respective companies in the presence of PTC India Ltd CMD TN Thakur and other officials.
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A Pattabhi Raman has joined LAPPL as Vice-President (Project). He is in charge of the Project site of the 1200 MW LANCO Amarkantak Mega Thermal Power Station at Korba, Chhattisgarh. He brings with him more than 35 years of experience in power plants.
Others who joined LAPPL include A Ramanamurthy (Sr DGM), B Narasimha Rao (DGM-Tech), GVR Kumar (DGM-F&A), K Srinivas (AGM-Civil),BV Subbarao (AGM) and Srinivasa Rao (Sr Manager).
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LKPPL MD Y Harish Chandra Prasad lighting the lamp to inaugurate a seminar on 'Green Building Materials' in Hyderabad.
LANCO Amarkantak Power Pvt Ltd Kondapalli Power Pvt Ltd Managing sponsored a seminar on 'Green Director Y Harish Chandra PrasadBuilding Materials' organised by the stressed the need for optimal use of National Academy of Construction ash both in terms of materials and in Hyderabad on 9 June 2005. technologies to achieve quality and
economy in the field of construction. Speaking on the occasion, LANCO
Place: Mumbai. Time: Winter in over the past 10 -12 years, earning minutes and gave him the list I had 1983. We were getting ready for appreciation from all quarters. My prepared. He first looked at the list commissioning the first 500 MW pride, my ego evaporated into thin and then turned to me. “Now you Plant in Mumbai. My Boss asked air and I felt reduced to tears. Yet I talk sense,” he said and asked me me to accompany him on a review composed myself and said, “Please to sit down. Then we discussed how of the construction work. We took give me half-an-hour.” Quick was to make the systems ready to off from the boiler on top (85 M) his reply: “Don’t waste my time.” achieve synchronisation the along with writing pads. We walked following month. He asked me to
I came out without cool drinks and down through the boiler, boiler follow up with the agencies to sat at a corner thinking if there was auxiliaries, feed heating system, ensure that they completed the anything wrong in my answer. Withswitchyard and so on. works in time. We had the cool so much work pending, how could drinks then!
After the round, the boss returned to we synchronise the unit? Could his room. He sat down and ordered there be something in his mind to The unit was synchronised on 24 cool drinks. Then he turned to me speak so rudely, I wondered. After January 1984, the first 500 MW all of a sudden and said, “Pattabhi, 15 minutes, I started listing out the Plant in India. The principle I learnt can we synchronise the unit next items required for synchronising. I from the incident was to “work on month?” I replied laughing, “With compared the list with the one the need and not on want”. In other so much work pending, how could noted down during the round a few words, one should prioritise things it be possible?” moments ago. I listed out some four to achieve results. Thereafter I have
or five systems that must be ready to been able to achieve good results in Unexpected of him, the boss blurted go for synchronisation. all my assignments.out, “I thought I was speaking to an engineer...” After a pause, he said After some hesitation, I went back to without looking at me: “You can his room. The boss was engrossed go.” It looked as if he asked me to in writing. Looking annoyed, he A Pattabhi Raman
Vice-President -Project, LAPPLget out. His outburst was shocking. said, “Don’t waste my time and Korba, ChhattisgarhI was proud of my performance yours, too.” I said I needed only two
HOW I LEARNED TO PRIORITISE...
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Send your answers to [email protected] before 30 July 2005. Only Lanconians and their immediate family members are eligible to participate in the contest.
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Thank you for the overwhelming response. Since the correct answers were many, a draw of lot was held to choose the three winners. The winners are:
1. Nageshwar Rao (LKPPL), 2. Prabhakar Rao (ABAN), 3. Venkatesan (LAPPL)
LINKS
1. In which country is the place called Chengdu?
2. Who has been nominated to AP Panel of CII on Economic Affairs from LANCO?
3. What is the percentage of the Sikkim Govt’s stake in the 360 MW TeestaVI Hydro Project?
4. What is the name of the place in Hyderabad marked out for IT Park?
5. What are the key focus areas of LANCO Global Systems Ltd?
?
LANCO Energy Pvt Ltd (LEPL) has secured the allotment of the 360 MW Teesta VI Hydropower Project for development across the TeestaRiver in Sikkim on Build, Operate, Own and Transfer(BOOT) basis in the joint sector for a period of 35 years.
The project is the last scheme of six stages of cascade development on the TeestaRiver. The investment by the Government of Sikkim in the project will be in the form of equity to the extent of 26 per cent. The Letter of Intent (LOI)was issued by the Government of Sikkim on 8 April 2005. The survey and investigations of the project are now in progress.
WEBSITE
1. Name any three clients of LANCO Global Systems Ltd.
2. Who are the Partners of LANCO Global Systems Ltd?
3. What are the business modules offered by LANCO Global Systems Ltd?
4. What is the Annual turnover of LANCO Group?
5. Where is Clarion PowerCorporation Ltd located?L
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PTC India Ltd Executive Vice-President and CFO Deepak Amitabh and LGPPL Director and CEODV Rao signing the PPA for the Budhil Project.PTC India Ltd CMD TN Thakur, Vice-president
A Mohan Menon and Senior Vice-PresidentGS Gupta are also seen.
PTC India Ltd has signed a Power Purchase Agreement
(PPA) with LANCO Green Power Pvt Ltd (LGPPL) for the LGPPL has been issued Techno Economic Viability (TEV)
entire power to be generated by the 70 MW Budhil and Techno Economic Clearance by the Himachal
Hydropower Project in Himachal Pradesh.Pradesh State Electricity Board for its 70 MW Budhil
Hydropower Project. It is one of the most important PTC India Ltd Executive Vice-President and CFO
clearances required by the company for the Deepak Amitabh and LGPPL Director and Chief
implementation of the project.Executive Officer DV Rao signed the PPA on behalf of
their respective companies at the headquarters of PTC
India Ltd in New Delhi on 30 March 2005 in the
presence of CMD TN Thakur, Vice-President A Mohan Techno Economic Clearance has been issued by the Menon and Senior Vice-President GS Gupta.Himachal Pradesh State Electricity Board to Vamshi
With the signing of the PPA with PTC India Ltd for the Industrial Power Ltd, a LANCO Group company, for its
5MW Drinidhar Small Hydropower Project. It is one of sale of entire power from the Budhil Project, LGPPL has
the most important clearances required for the achieved another milestone in its journey towards the
implementation of the project.implementation of the Hydropower Project.
HPSEB ISSUES CLEARANCE
HPSEB GIVES TEC FOR DRINIDHAR
PROJECT
BREAKFAST MEET WITHHIMACHAL CMLANCO hosted a breakfast on 13 June 2005 in honour of Himachal Pradesh Chief Minister Vir Bhadra Singh who had come to Hyderabad to showcase the tourism prospects in his state.
He was accompanied by a high level team consisting of two of his cabinet ministers and other senior officials. LANCO Group Founder Chairman L Rajagopal, Vice-Chairman G Bhaskara Rao, LGPPL CEO DV Rao, LANCO Group Corporate Affairs Director V Sreenivas, Director(Projects) K Raja Gopal and Rithwik and Clarion Power CEO and Director RS Sreenivas were also present on the occasion.
LANCO Group Vice-Chairman G Bhaskara Rao presenting a memento to Himachal Pradesh Chief Minister Vir Bhadra Singh. LANCO Group
Founder Chairman L Rajagopal(centre) looks on.
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TEN MORE BORE-WELLS DUG
RS 1 MILLION FOR GIRLS HOSTEL
HELP FOR VISUALLY IMPAIRED
STRESS ON HELPING THE DISABLED
RS 100,000 SPORTS WEAR DISTRIBUTED
Sports wear worth Rs 100,000 were distributed among boys and girls who took part in the health run organised by Krishna District Sports Authority in
LIGHT has dug ten more bore-wells, covering Vijayawada on 25 May 2005. B Dharma Teja, Vice-
Thotaravulapadu, Eturu and VeladikothapalemPresident (Operations), presided over the
villages in Chandarlapadu mandal, Jupudi village in programme.
Ibrahimpatnam mandal and Kambhampadu village in Jaggaiahpeta mandal of Krishna district. All the bore-wells have been provided with hand-pumps,
LIGHT has donated Rs 1 million towards constructing raising the total number of bore-wells dug undera hostel for girls in Kadapa. The building will have a Sujalavahini to 678. built-up area of 20,000 sq feet to accommodate 200 girl students with facilities like residential rooms,common hall, dining hall, kitchen and storeroom.
LIGHT has sanctioned Rs 15,000 to Dasari Amulya The hostel, managed by Shri K Koti Reddy and Smt K
Rao to set up an Institute of Spoken English at Tenali.Rama Subbamma Charitable Trust, is meant to
Amulya Rao, a visually impaired person, is a provide accommodation to girls studying in
Postgraduate in English Literature, specially trained in Government Women's Degree College.
Functional English. He also holds B Ed degree and Sahitya Ratna in Hindi.
Helping the disabled come out of their disabilities is nothing but an act of humanity, according to LANCO Kondapalli Power Pvt Ltd General Manager (Projects)A Srinivasa Rao. He was speaking at a function jointly organised by Indira Kranti Patham and LIGHT at Mylavaram on 19 June 2005 to distribute tri-cycles and artificial limbs among disabled people. Ten tri-cycles and an equal number of crutches were given away to disabled people hailing from Ibrahimpatnam, G Konduru and Mylavaram mandals.
LIGHT-SPONSORED OLYMPICDAY RUN WOWS HYDERABADThe nineteenth edition of the Olympic Day Run in Hyderabad on 23 June 2005, organised by the Andhra Pradesh Olympic Association headed by L Rajagopal,MP and Founder Chairman of LANCO Group, had more than 30,000 students and sportspersons from 14 districts in the state as participants. This was in sharp
to identifying and nurturing talents in sportspersons in contrast to the run organised last year in which around the state. “I want to see many more champions 6000 people participated. emerging from across Andhra Pradesh,” he said.
The Olympic Day Run, sponsored by LANCO Institute Chief Minister YS Rajasekhara Reddy reaffirmed his of General Humanitarian Trust (LIGHT), converged at government's commitment to providing adequate funds Lal Bahadur Stadium. Speaking on the occasion, and additional infrastructure to nurture sports talents in Rajagopal said he was happy with the good response the state. that the run had evoked. He reiterated his commitment
IN BRIEF
LKPPL Vice-President (Operations) Dharma Teja distributing sports wear in Vijayawada. A Srinivasa Rao, GM - Projects (right) is also seen.
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Subramanyam with his wife Padmaja and
children Premchand and Sahithi.
How do you feel about the honour of being the First Employee in LANCO?
What has made you to remain with the What was your happiest moment working with organisation for such a long time? LANCO?
asked me: “Do you want to grow in the company?” I readily said, “Yes, I want to grow.” Years later when I
I really feel proud of being called the First Employee in moved to Hyderabad with L Rajagopal, the FounderLANCO Group. LANCO has grown at a pace faster Chairman, he also posed the same question. It is the than any one of us could ever think of. Today it has a Promoters' concern for every employee that has made distinct name and identity. It is giving employment to me remain loyal to LANCO Group. And I strongly hundreds of people. I am really proud to be part of believe I can realise my full growth only in LANCO such a great company. Group.
I started with the work of maintaining a ledger on the The happiest moment was when LANCO got the order movement of tippers carrying construction material at of the Yeleru Reservoir Project in Visakhapatnam in Vizag Steel Plant way back in 1983. One day 1987. That triggered off lots of activities, leading to so Amarappa Naidu, the Founder of LANCO Group, many people joining the company.
K Subramanyam, Manager (Admn), LANCO Kondapalli Power Pvt Ltd, has been with the
Company right from 1983. In his long service, he has worked at different places, starting with
Visakhapatnam, where LANCO Group took birth. From an initial assignment to keep a record of
the tipper movement at Vizag Steel Plant, Subramanyam has graduated to take care of the
accounts and secretarial works of the Group. Soft-spoken and mild-mannered, he remains very
devoted to the Company. In a chat with LINKS, Subramanyam comes out as a person who is
grateful to the Promoters of LANCO Group for their concern and goodwill.
IN PERSON
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It was a chance meeting with an old friend of mine that led to a short discussion on emotional intelligence, a relatively new area for me. Emotional intelligence is not about smiling all the time. It is about celebrating successes. It is about recognising joy and pain in others. It is about being angry at the right person, at the right time, in the right manner, for the right reason. It is about the authentic use of emotions.
intelligence are less depressed and enjoy good health. An analysis of the personality traits that accompany They are more employable and have better high intelligence quotient in people who also lack these relationships. This comes against the common emotional competencies portrays the stereotypical perception that “Emotions are in the way, keeping one person who is critical and condescending, inhibited and from making good decisions and focussing.”uncomfortable with sensuality and emotionally bland. Ravi Shankar was an extraordinarily intelligent person.
Peter Salovey and John “Jack” Mayer in an article titled A gold medallist in MBA, his first posting was with a “Emotional Intelligence” define EQ as a scientifically multinational company, drawing a handsome salary.testable intelligence. “Emotional intelligence is the But hardly had he completed three months when he ability to perceive emotions; to access and generate was checked out because he could not get along with emotions so as to assist thought; to understand his colleagues and others working under him. emotions and emotional knowledge; and to reflectively regulate emotions so as to promote emotional and
By contrast, Sunita Narain was an average woman. She intellectual growth.”did not have a list of academic achievements to show.But she was very popular, loved and appreciated by
I believe this is an area which requires immediate everyone around. So much so that in a short span of attention. While all those already part of the corporate eight years, she rose to become the chief executive of life need to learn more about the importance of her company. People with the traits that mark emotional emotional quotient, efforts should be made to ensure intelligence are composed, committed and caring, with that those aspiring to join the fold should have a high a rich emotional life. They are comfortable with level of emotional quotient. That is necessary to grow themselves, with others and with society they live in.and exist as a healthy corporate.
Emotional intelligence gives one a competitive edge. People who are blessed with high level emotional
EMOTIONAL
NO MORE A FAD
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- George Karimalil
“ People with the traits that mark emotional intelligence are composed, committed and caring, with a rich emotional life. They are
comfortable with themselves, with others and with society they live in.
”
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A father passing by his son's bedroom was astonished to see the bed nicely made and everything spick and span. Then he noticed an envelope propped up on the pillow. It was addressed, "Dad". With trembling hands, he opened the envelope and read.
“Dear Dad, It’s with great sorrow that I'm writing to you. I had to elope with my new girlfriend because I wanted to avoid a scene with mom and you. I've been finding real passion with her and she is so nice. But it’s not only the passion Dad, she is pregnant. Even though you don't care for her as she is so much older than I, she already owns a farmhouse near the woods. She wants to have many more children with me and that's now one of my dreams too. In the meantime, we'll pray that
PS: Dad, none of the above is true. I'm over at the science will find a cure for AIDS so she can get better neighbour's house. I just wanted to remind you that and she sure deserves it! Don't worry Dad, I'm 15 years there are worse things in life than my report card that's old now and I know how to take care of myself.in on my desk. I love you! Call when it is safe for me to Someday I'm sure we'll be back to visit, so you can get come home.to know your grandchildren. Your son Rahul
TO
WITHDAD
‘LOVE’!
LIGHTER SIDE
- BV Ramana Reddy, Sr Manager (Planning), LITL was blessed with a baby boy on 30 April 2005.
- Laxmi Narayana, Deputy Manager (Finance and Accounts), Clarion Power married Laxmi Aparna on 19 May 2005.
- Mohd Raheemuddin, Office Assistant, LGL married Rakhia Parveen Sultana on 28 May 2005.
- Venugopalam M, Deputy Manager, Internal Audit, LGL married Vijaya Laxmi on 29 May 2005.
- Prasad M, PS to Director-Finance, LGL married Nalini on 1 June 2005.
- P Subrahmanyam, Senior Network Engineer, LGSL married Sarada Priyadarsini on 16 June 2005.
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