Lanco to Increase Australian Coal Mine Production

9 February 2011 (Last Updated February 9th, 2011 18:30)

Lanco Infratech is planning to increase the coal production of Griffin Coal Mines in Australia from five million tons to 18 million by 2015. The company will invest about $1bn in the mines to secure fuel for its power projects, reports Business Standard. Lanco Infra chief fi

Lanco Infratech is planning to increase the coal production of Griffin Coal Mines in Australia from five million tons to 18 million by 2015.

The company will invest about $1bn in the mines to secure fuel for its power projects, reports Business Standard.

Lanco Infra chief financial officer Suresh Kumar said that the company’s focus is on integrating Griffin Mines to meet power needs.

The company plans to augment its power generation capacity to 15,000MW by 2015.