Lanco Infratech, engaged in infrastructure construction, is looking to increase operating capacity of its power plants to 4,000 megawatt by March, a top official said on Friday.
The company is also developing eight new projects, with a combined capacity of about 10,500 MW, Chief Financial Officer J Suresh Kumar told Reuters in an interview.
At present, the company has an operating capacity of 2,100 MW, Kumar said.
Earlier in the day, Lanco said profit for July-Sept fell 43 per cent, trailing estimates, hurt by higher depreciation charges and weak sales at its major construction unit.
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