Lanco Kondapalli projects listed for sale by Axis Bank

Axis Bank has put up L an co Kondapalli Power, which owns an dope rates 1,476Mw of g as based power plants, for sale as the power producer failed to pay dues. Without mentioning the name of the firm, AxisBank as the lead banker called for Expression of Interest for the sale of three gas-based power projects. People close to the development said the power projects are of L an co Kondapalli, which was once a subsidiary of beleaguered Lanco Infratech.