Lanco MD G Venkatesh Babu

http://www.lancogroup.com
Lanco MD G. Venkatesh Babu, GVB, has been Managing Director of Lanco Infratech Ltd. since June 2006. Mr. Babu has over 14 years of experience in the financial sector including commercial banking, mergers and acquisitions and project finance. He extensively involved in the financing of the projects of the Lanco Group and overseeing the human resources management. Lanco MD employment assignments include TNT Post (a Dutch logistics company), Indbank Merchant Banking Services, Credit Agricola Indosuez Bank and WI Carr Securities. He serves as an Executive Director of Lanco Infratech Ltd. He served as Director at LGS Global Ltd until July 2006. Mr. G. Venkatesh Babu (Lanco MD) is a Chartered Accountant and a Cost Accountant and holds a Bachelor of Commerce degree from the Madras Christian College. As head of the Finance function and member of LANCOs Strategy Team, Mr. G. Venkatesh Babu provides direction to the organizations strategic partnerships and growth initiatives. His area of specialization is acquisition of finance for LANCO Infratechs projects and utilization of resources for all group companies. Mr. G. Venkatesh Babu (Lanco MD) is recognised in the industry as a master strategist, with in-depth knowledge of using emergent opportunities to stay ahead of competition in todays challenging business environment. He has successfully transformed LANCO Infratech Ltd. into an aggressive, growth-oriented organization, responsive to the dynamics of todays marketplace. Lanco is one of the fastest growing integrated Infrastructure Enterprises of India, Operating across a synergistic chin of Synergistic chain of Strategic Business Units (SBUs) comprising EPC, Power, Solar, Natural and Infrastructure. Lanco is fast emerging as one of the top three private sector power developers in India with 3292 MW under operation, 5953 MW under construction, and 7110 MW of projects under development. Lanco Infratech Ltds gross revenue (before elimination) as on March 2011 was Rs.11, 265 Corers (USD 2.53 billion). Out of the total Share Capital the promoters holding is about 68% Lancos EPC Order Book stands at Rs.30,16 Corers (USD 6.77 billion). In a strategic move that move that provides increased fuel security for its current power generating assets and its future power portfolio expansions, Lanco through its step down Australian Subsidiary , Lanco Resources Australia , has acquired Griffin Coal Mining company and carpenter Mine Management . Griffin coal , based out of Collie in Australia , owns the largest operational thermal coal mine In Western Australia ,producing over 4 mpta of coal which can be ramped up to over 15 mpta in the near term , post development of evacuation infrastructure .Lanco has strategic global partnerships with top near companies which include : Genting, Harbin, Ge Doosan, etc. Today, Lanco is one of Indias largest Power Traders in the private sector. A people driven organization, Lanco operates in 20 states in India and has international operations in A people driven organization, Nepal, Singapore, United Kingdom and USA with a human resource based of about 7000 people. Lanco is also a privileged member of the world Economic Forms and has been acknowledged as an elite member of the two hundred Global Growth Companies .

As part of its business strategy, the company has chalked out an ambitious growth plan Lancos Vision 2015: to build a High performance Organization with an operating capacity of 15000 MW in power. Lanco also envisages aggressive growth plans for EPS with a strong Order Book growth. The years 2010 was celebrated as Lancos Silver jubilee Year. It has been twenty five years since the founder chairman L Rajagopal, taking inspiration from his uncle Lagadapti Amrappa Naidu, began his career as an entrepreneur. Lanco continues to take its stride forward on the strength of their vision and inspiration, under the leadership of the current Chairman, Madhusudhan Rao.