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 AHEAD Exactly 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. EDITORIAL 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 [email protected]

CONTENTS

3 CHAIRMAN'S MESSAGE

4 LGSL AND LGSI TO MERGE 11 5 FOCUS ON BUILDING RIGHT TEAM

7 FACE TO FACE This is for internal circulation only. The views expressed in this magazine are not necessarily those of the management. 15 9 LITL TO DEVELOP IT PARKS Edited by V Sreenivas and published by

JULY 2005 the Corporate Communications Department for and on behalf of LANCO Group. 11 ABAN IN PERSPECTIVE Printed at Kalajyothi Process Pvt Ltd, . LINKS 15 LAPPL INKS EPC PACT CONTACT: LINKS The Corporate Communications Department 18 18 LGPPL BAGS TEESTA VI LANCO House, 141, Road No 2, Banjara Hills, Hyderabad-500 034 , Tel : +91-40-2354 0701/ 703, 19 LGPPL SIGNS PPA Fax:+91-40-2354 1367 email: [email protected] 2 Editorial Team 20 HUMAN FACE George Karimalil (Executive Editor) K Raja Gopal, Thota Rajendra Prasad, Janakiram Rao Design 20 21 IN PERSON C Pradeep Reddy, Ch Surendar A “ re-orienting everyhappening re-orienting CONVERGENCE collectively, drawing onthe synergies wehavecometo The ultimatesuccessliesin possess overtheyears IN SYNCWITH to meetthetargets ” . possess overtheyears. targets collectively, drawing onthesynergieswehavecometo everyhappeningtomeetthe ultimate successliesinre-orienting All thesehappeningsareindeedhearteningforLANCO. Andthe in Sikkimhasstrengthenedourforayintothehydro sector. successful biddingofthe360MWTeesta VIHydropowerProject financial closuretowardstheendofthirdquarter. The projects aggregatingtoacapacityof20MW, isalsoheadingfor Green’s 70MWBudhilProject, alongwithfoursmallhydro first unitofthe4x300MWpowerproject.Similarly LANCO Ltd wouldcertainlyacceleratetheprocessofimplementing the encouraging. ThesigningofEPCContractwithZelanPower Pvt The signalsemergingfromLANCOAmarkantakarealso opened thedoortolaunchingnewprojectsinstate. demands forpowerandthefallinglevelsinsupply. Thishasalso a statecontinuouslystrugglingtobalancebetweentherising Nadu ElectricityBoardGridinFebruary lasthadraisedhopesin schedule. ThesuccessfulsynchronisationofABANwiththeTamil As expected,ABANhasgoneintocommercialoperationasper brighten LANCO'sprospectsintheInfrastructuresector. Pradesh, covering13millionsquarefeet.Thiswouldcertainly Complexes inHyderabadandVisakhapatnamofAndhra development ofITPark-cum-Residential-cum-Commercial Equally encouragingisLANCOInfratech'ssuccessfulbidforthe new directionsoontoestablishourselvesontheglobalfront. Systems. IamnowconfidentthatourITinitiativeswillhavea him asaPartner andChiefExecutiveOfficerofLANCOGlobal US$ 1milliontoUS$125inashorttime.We welcome Intelligroup Inc,ArjunValluri wasresponsibleforitsgrowthfrom former Chairman,President andChiefExecutiveOfficerof Technology sector, ArjunValluri isnowwithLANCOfamily. As As partoftheongoingexerciserestructuringInformation right tracktoachievingthegoalssetforyear. encouraging butalsoreconfirmingourbeliefthatweareonthe marked byaseriesofmajorhappenings.Thisisnotonly In linewiththethemeof2005,secondquarterhasbeen TARGETS L MadhusudhanRao

3 LINKS JULY 2005 CHAIRMAN’S MESSAGE HAPPENINGS

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. 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, Chairman L 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 company had 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

JULY 2005 Sharma (Chief Operating Officer) and P Rakesh Kumar (Vice-President - Technology Services and Delivery). In addition, LGSI had already bagged three Fortune 50 customers. LINKS He said the new entity would focus on specific industry verticals such as energy, financial services and process and discrete manufacturing. In addition to 4 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. FOCUS ON LINKS, heopensup,outlininghisvisionandstrategyforLGS. Technology fromtheWorld Award BusinessForum. Inachatwith Winner, Var andRonald Reagan Business500Awards Year Finalist, NJErnstandYoung EntrepreneuroftheYear awards, includingNJFast NJEntrepreneurofthe 50Awards, experience inInformationTechnology. Hehasreceivedvarious Global Systems(LGS).Hebringswithhimmorethan14yearsof Arjun Valluri hastakenoverasChiefExecutiveOfficerofLANCO focus onexecutionofthebusinessstrategy. to Success ispredominantlybasedonbuildingtheright'team' What isthesecretofyoursuccess? You areoneamongthefewwhohavemadeitbiginIT. (KPO) askeyfocusareas. We willhaveITservices andKnowledgeProcess Outsourcing Which arethesegmentsyouplantofocuson? the endofJune.We areonscheduletogetthiscompleted. Our immediateplanistobuildtheGlobalmanagementteamby What isyourimmediateplanofactionforLANCOGlobal? GLOBAL TEAM Senior Vice-President - Manjunath Dattatreya Global Resource Delivery. Strategy andDelivery. Strategy He Engagements,Business forStrategicCustomer Services.Heisresponsible isVice-President -Client Delivery. in Sales,Marketingand than 13yearsofexperience Sales Officer. Hehasmore US operationsandChief Qaiser Paul Recruiting. Anengineering Management and isPresident for is operations and years offunctional Process. Healsohas10 18 yearsofexperiencein , hehasmorethan maintenance activitiesin experience inprojects, Deliveryand Pre-sales, With aMastersfromIIT, President -SAPPractice. the steelmanufacturing MVR Kumar rdaefo yoe OperatingOfficer. He experience inmanaging him morethan14yearsof University, hebringswith graduate fromMysore industry. functions. staffing, resourceandHR isVice- Systems. specialisation inEnergyand and Masterswith in MechanicalEngineering holds aBachelor'sdegree Nagaprasad Kandimalla Gaurav Sharma isChief an abilitytotrainand motivate cross-cultural P Rakesh Kumar an enterprisingleaderwith experience, especiallyin President -Technology from variedindustries,heis handling globalclients more than22yearsofIT Services andDelivery. With holds aMastersin performance levels. teams inoptimisingtheir and People management. Delivery,Pre-sales, Process 15 yearsofexperiencein Pilani. Hehasmorethan Instrumentation fromBITS, Arjun Valluri isVice-

5 LINKS JULY 2005 HAPPENINGS 6 LINKS JULY 2005 HAPPENINGS should communicateinsuchawaythatweareproperly importance ofcommunicationthehardway. “We 20 May2005,Harishsaidhehadlearnedthe Speaking atafunctionorganisedbyLANCOClub on communication isveryimportant,”hesaid. advanced scienceandtechnology, therightwayof very poorincommunicatingproperly. Inthisageof cultivating theartofcommunication.“Mostusare LANCO Kondapalli Power, hasunderscoredtheneedof Y HarishChandraPrasad, ManagingDirectorof COMMUNICATION CALL TOCULTIVATEARTOF Rao (EconomicAffairs)andTRamakrishna (Exports). (Human Resources andIndustrialRelations), DKrishna R Parthasarathy (CorporateGovernance),TSBabu (Industry InstituteInteractionandInfrastructure), K Raja Gopal(EnergyandEnvironment),BDharmaTeja Development andCorporateSocialResponsibility), Communications), VSreenivas(Public Policy, Social Southern Region ofCIIareArjunValluri (ITand Other LANCOofficialsnominatedtoAPPanel aswell Representatives. Indian Industry(CII)asoneofthetwoAPState Regional Council(2005-2006)oftheConfederation G BhaskaraRao hasbeennominatedtoSouthern andLKPPLDirector LANCO GroupVice-Chairman time. opportunities allthe looking fornew be anentrepreneur everyone shouldtryto added. Healsosaid understood,” he added. organisation, he growth ofthe leading togreater healthy relationship, would ensurea transparency. This maintaining maximum should bevalue-based, 30 April2005,Narendranathsaidthemanagement function organisedbyLANCOClub,Hyderabadon Speaking on“BuildingHealthyRelationships” ata Business Management,OsmaniaUniversity. Narendranath, AssociateProfessor, Departmentof employees healthyandstrong, accordingtoK relationships betweenthemanagementand Efforts shouldthereforebemadetokeepthe It isrelationshipsthatmakeanorganisationgrow. RELATIONSHIP STRESS ONHEALTHY energy levels.Hishandsome Group, isapersonwithhigh insatiable hungertotakeon countenance isonlyacover new challenges.Inatête-à- Director -Finance, LANCO which hepursuesthegoals some ofhisinnerthoughts. for theaggressivenesswith tête, heopensup,sharing G Venkatesh Babu, set. Thereisinhiman experiment withnewideas, afterwhich (Calyon) tobecomeanentrepreneur to WI CarrandCreditAgricole Indosuez thought processes.Ileftmy careerwith approach opportunitiesfrom different I encouragepeopletakingrisksand for theprofession. been abysmallylow. This mademego Chartered Accountancyeveryyearhas The numberofstudentspassingout due tostartconstruction. successfully tieupallfinancesandare into astagewheretheycould have maderapidstridesinevolving Amarkantak andsmallhydroprojects commissioned. SimilarlyLANCO of ABANPower, whichhasnowbeen I feelgoodaboutthefinancialclosure This hasbroughtingoodresults. “indiscipline” inthethoughtprocess. encouraging certainamountof improvisation infinancing, besides I havetriedtointroduceinnovationand challenges. You seemtoliketakingon in finance? What madeyoutogoforacareer good about? LANCO thatyoupersonallyfeel Could yourecallanymajoreventin over asDirector-Finance? bring aboutinLANCOaftertaking What arethechangesyoucould of tea. Then Irealisedthatitwas notmycup got wasanactingrolefor anadslot. versatility inmycharacter. ButwhatI I triedtobecomeamodel toestablish also likereadingnon-fiction. modeonceIgetbackhome. auto-off I havetrainedmymindtogointoan proved tobegoodforthoughtprocess. that Meditationhasbeenscientifically 15 years,fromthedayIdiscovered have beendoingmeditationforthelast which hasnowbecomeunaffordable.I I usedtotaketimeoffplaygolf, subject. Smart Babyandisawell-researched was born.ISPisallabout“creating”a experimented onbeforemydaughter Stimulation Programme (ISP)thatI Equally memorablewastheInfant secured theallIndiaforty-eighth rank. cleared myCAexaminationsandlater I continuetocherishthatdaywhen continue toinfluencemeeventoday. a lotfrommyexperiences,which phase wasreallygood.Ihavelearned I joinedLANCO. Theentrepreneurship made youtogiveitup? You once triedtobeamodel.What balanced? your stress-level Do youhaveanyhobbiestokeep moment inyourlife? What wasthemostcherishing

7 LINKS JULY 2005 FACEHAPPENINGS TO FACE HAPPENINGS 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).

B DHARMA TEJA GE ENERGY OFFICIAL VISITS LKPPL JOINS LKPPL 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 B Dharma Teja, a postgraduate in Collector, Bandaru Anjan Management (Marketing and Raju, AP Handicrafts Finance) from Indian School of Development Corporation Business, Hyderabad, has joined Chairman, Jogi Ramesh,

JULY 2005 LKPPL as Vice-President APSRTC Satvahana Region Cliff Harris, Regional CSA Portfolio Manager, (Operations). He looks after the Zonal Chairman, Susurla, GE Energy on a visit to LANCO Kondapalli Power Plant overall operations of the company. Additional Director of MoE&F, Bangalore Anjaneya IDBI, Hyderabad, Ambati LINKS An engineer from MREC, Jaipur, he Prasad and Nagi Reddy of Rambabu, APIIC Chairman, M did his Postgraduate Diploma in APPCB, , M Venkatappa Reddy, Director of 8 Advanced Construction Management Malakondaiah IPS, Joint APIIC and P Madhusudhana from the National Institute of Managing Director (Vigilance and Reddy, Chief Manager and KB Construction Management and Security), APTRANSCO, Ashok K Kumar, Manager (Advances) of Research, . De, DGM and Gowtham D of Dena Bank. LANCO INFRATECH ITTO DEVELOP PARKS HAPPENINGS

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. JULY 2005 LINKS

9 INHS Asvini Hospital, Mumbai built by LANCO Infratech Ltd (LITL) was awarded Commendation Certificate in Category-II Institutional, Commercial Office and Recreational Complexes by the HAPPENINGS 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.

LITL BAGS CIFE CONSTRUCTION ORDER 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).

Greetings ! LINKS extends its Greetings to all Lanconians and Associates

JULY 2005 on Independence Day, Raksha T Adi Babu has joined LANCO Srinagesh Ramabhotla has Infratech Ltd as Vice-President joined LANCO Infratech Ltd as Bandan and Vinayaka Chavithi.

ADDING STRENGTH (Finance). A Cost Accountant GM (F&A). A qualified May these special occasions LINKS by profession, he brings with him Chartered Accountant, he brings more than 20 years of with him more than 18 years of bring abundant joy and 10 experience in Corporate Finance hands-on experience in Finance happiness into your lives. and Accounts, of which nine and Accounts. years as Head- Finance in varied industries. ABAN IN PERSPECTIVE

A STORY OF HAPPENINGS GRIT AND AND DETERMINATION

The farmers inhabiting Karuppur village near TMayiladuthurai 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 Land opportunities 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 Power story 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 mounting challenges that came in their way. an assurance of quality and top class performance, the JULY 2005 LINKS

11 availability of spare parts posed a major problem, as the spares were LANCO'S SYNERGIES BEHIND not available in the open market. Finally APCL went for a comprehensive spare part-cum- ABAN SUCCESS service agreement, including Combined Cycle Project on a fast operational spares with GE for a period of 14 years. track basis. A down to earth person, he says collective efforts

HAPPENINGS The shortage of gas from the alone have made it possible. Kuttalam region was yet another setback. Although APCL's proposal The successful completion of the to tap the surplus gas from the project has served to increase neighbouring regions was initially the confidence of global cold-shouldered, the Government, partners. What would you say GAIL (India) Ltd and the Oil and about it? Natural Gas Corporation (ONGC) later fell in line, approving the The Indian EPC Contractor, with proposal to connect Narimanam to support from LANCO Group, has Kuttalam, covering a distance of made the project successful within 40 km. the time specified. This has indeed increased the confidence of the With the TNEB finally giving global partners that LANCO can clearance for giving power implement projects in time in spite connection, things moved fast, of all hassles in getting required leading to open synchronisation clearances. Similarly LANCO's on 18 February 2005 and P Panduranga Rao, CEO initiative to take up the O&M combined cycle synchronisation responsibility of the project has gone down well with the partners. in July 2005. Now that the unit With 24 years of varied has finally gone operational, the experience in areas ranging from prospects are bright not only In the light of the successful finance to power projects, completion of the project, what for further growth of Panduranga Rao is credited ABAN Power Company are the opportunities for the with the successful expansion of the project at the but also for LANCO's implementation of the same place? venture into newer 120 MW ABAN Power areas in Tamil Nadu.v JULY 2005 LINKS

12 If gas or LNG is made available, we can double the capacity at the OWN O&M SAFEGUARDS existing site. Heads of agreement have already been signed for the supply of 14 lakh cubic metres of ABAN INTERESTS gas per day from GAIL. There is a proposal by GAIL and IOC to bring holder of MSc in Heat Power LNG to Chennai and a dedicated Engineering from REC, pipeline is proposed to be laid up Rourkela, is upbeat over the to the Cauvery region connecting implementation of the project HAPPENINGS Kuttalam. on a fast track basis. How have the synergies that What has made you to go for an in- LANCO Group has come to house O&M? What are the benefits possess over the years helped in like? the implementation of ABAN Project? I personally feel there is no need for a separate O&M setup. We have When the idea of implementing the project with ABAN and later taking recruited people with sufficient up O&M responsibility came up, experience in O&M. We have the LANCO Group's rich experience in required expertise to handle all power projects has turned out to be O&M requirements. very useful. It has helped ABAN The main advantage plan and implement the project, is that the company's V Ravindran, interests are not including the building of O&M GM (Technical) team and training them at LANCO Kondapalli Power Project. v With 24 years of experience in thermal power projects, Ravindran, a JULY 2005 LINKS

13 14 LINKS JULY 2005 HAPPENINGS “We haveanO&Msystemwhich is maintenance oftheplant. number oneinthemeritorder.” levelised tariff. So financiallyweare expenditures, wechargethemalower on acostbasis,includingvariable naphtha ordieselarechargingTNEB friendly. Whilethe producersusing fuel, whichiscleanandenvironment But noneofthemusenaturalgasas with manyimportantpowerproducers. hasenteredintoagreements “TNEB University, isresponsibleforoverall Electrical EngineeringfromBombay Stations, VRao, whoholdsanMEin and EPCjobsinThermalPower With 14yearsofexperienceinO&M AGM (Maintenance) V Rao, people togetthingsdoneintime. is giftedwithaknackofmanaging AICWAan MCom,LLB, andACS, ACA, management, Parthasarathy, whohas secretarial, importsandgeneral With 29yearsofexperienceinfinance, GM (F&A) R Parthasarathy, opoie taysae Naturalgasisacleanfuel.Theonlypossible gone foralongtermcontractwithGEtoensure requiring lesswaterconsumption.We have advanced technologywithveryhighefficiency, concerned, GEisaworldleader. Oursisan In sofarasthegasturbinetechnologyis compromised atanystage. reaction? environment friendly. Hastherebeenany The useofnaturalgashasturnedouttobe maintenance ofthemachines. supply ofspecialisedpartsandalso by GEimpactedyourperformance? To whatextenthavethemachinesmanufactured certainly productionwillgoup.” origin ofriskitself. Oncesafetyisthere, the gasturbine.We trytoavoidthe directly fromGAILanduseitasfuelfor do notstoregas.Instead,wetakeit natural gas,whichisacleanfuel.We contracts outside.” business opportunitytotakeupO&M course oftimethiscanturnintoa Siva Subramanian, responsibility oflookingafter Subramanian isentrustedwiththe 18 yearsofvariedexperience,Siva With aDiplomainIndustrialSafetyand Sr Manager(EHS) “In ourplant,maximumhazardisfrom but alsoleadstohugesaving. Ithinkin provides greatercontrolofoperations highly structured.OwnO&Mnotonly plant systemsamongotherthings. operations andmaintenanceofallthe responsible fornormalandemergency in ThermalPower Engineering, is plants, Udayakumar, whoholdsanME With 20yearsofexperienceinpower Asst GM(O&M) BV Udayakumar, E PLAYERS KEY Our O&Msetupoperatesinfourshifts.Allthe plant designisalsoenvironmentfriendly. care oftechnically. Notonlyfuelbuteventhe pollution isnitrousoxide,whichhasbeentaken standard operationsandmai procedures havealsobeendevelopedto at themultinationallevel.Systemsand experience normissimilartootherO&Msetups engineers arehighlyexperienced.Our scale? is itgoingtoperformoperationsonaglobal What istheorganisationalsetupofO&M?How demonstrated onceagain.” projects onafasttrackbasishasbeen of LANCOGrouptoimplementsuch commissioning oftheproject,ability make itintime.With the successful lenders, hashelpedtheABANProject support extendedbytheconsortiumof teamwork,coupledwiththe “The all environmentstatutoryrequirements.” drawing. We havealsocompliedwith as perTAC approvedlayoutsand systemsare sea levels.Ourfire-fighting predominant winddirectionsandmean interspacing betweentheunits, all safetyrequirements,covering “We haveauniquesystemtotakecare institutions andworkingcapitalfacilities. consortium ofbanksandfinancial raising projectfinancefroma entrusted withtheresponsibilityof byprofession,is Chartered Accountant join theABANteam,RPrem, a Young, energeticandoneofthefirstto AGM (F&A) R Prem, requirements oftheplant. environment, healthandsafety ntenance. v v LANCO AMARKANTAK INKS

EPC PACT HAPPENINGS WITHZELAN

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

LANCO Amarkantak Power Pvt Ltd (LAPPL) has signed 2005. As per the agreement, HPCL would supply an Engineering Procurement and Construction (EPC) Heavy Furnace Oil (HFO) and Light Diesel Oil (LDO) Contract with Zelan Projects Pvt Ltd (ZPPL), a member for the project. LAPPL CEO TV Krishna and HPCL of Tronoh Group, Malaysia, for the first 300 MW Unit Nagpur Regional Office Manager (Marketing) K of 1200 MW LANCO Amarkantak Mega Thermal Banerjee signed the Secondary Fuel Supply Agreement Power Station. in the presence of G Bhaskara Rao and Y Harish 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-Finance G Venkatesh Babu, Zelan Holdings (M) SDN.BHD Group Managing Director Albert Chang, ZPPL JULY 2005 Executive Director SP Matthai, Senior Project Coordinator Anthony Teoh and other officials were

present on the occasion. LINKS

SECONDARY FUEL SUPPLY PACT WITH HPCL 15 LAPPL also entered into a long-term Secondary Fuel LAPPL CEO TV Krishna and HPCL Nagpur Regional Office Manager (Marketing) K Banerjee exchanging the Secondary Fuel Supply Supply Agreement with the Hindustan Petroleum Agreement documents. LANCO Group Vice-Chairman G Bhaskara Rao Corporation Ltd (HPCL) for the first unit on 25 May and LKPPL MD Y Harish Chandra Prasad are also seen. FINALPPA SIGNED WITH PTC INDIA LTD

PTC India Ltd signed the Final Power Purchase Agreement with LAPPL for the purchase of total HAPPENINGS power produced from the First 300 MW Unit on 11 May 2005. PTC India Ltd subsequently signed the Final Power Supply Agreement (PSA) with Madhya Pradesh State Electricity Board (MPSEB) for the entire power from the LAPPL Unit on 30 May 2005.

LAPPL CEO TV Krishna and PTC India Ltd Executive Vice-President (Corporate Development) Rajiv Bhardwaj signed the agreement on behalf of their respective companies LAPPL CEO TV Krishna and PTC India Ltd Executive Vice-President (Corporate in the presence of PTC India Ltd Development) Rajiv Bhardwaj exchanging the Final PPA documents. PTC India Ltd CMD TN Thakur and other officials. CMD TN Thakur looks on. ADDING STRENGTH

A Pattabhi Raman has joined LAPPL B Manohar has joined LANCO as Vice-President (Project). He is in Group as Director (Property charge of the Project site of the Development). With a B Tech in 1200 MW LANCO Amarkantak Electrical Engineering, he brings Mega Thermal Power Station at Korba, Chhattisgarh. He brings with with him 19 years of experience in him more than 35 years of implementation of projects like experience in power plants. steel, chemical, power and infrastructure/property. 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).

LANCO Amarkantak Power Pvt Ltd (LAPPL) has JULY 2005 shifted its corporate office to a new building. TS Babu has joined LANCO The new address is as follows. Group as General Manager (HR LANCO Amarkantak Power Pvt Ltd, and Admn). An MBA in HR from

LINKS Xavier Labour Relations Institute 3rd Floor, Plot No 130, (XLRI), Jamshedpur and LLB from Road No 2, Banjara Hills, Behrampur University in Orissa, 16 Hyderabad 500 034 he brings with him more than 22 Ph 2355 1256 & 2354 6093 years of experience in HR Fax 2354 3932 management and administration. LKPPL MD Y Harish Chandra Prasad lighting the lamp to inaugurate a seminar on 'Green Building Materials' in Hyderabad. HAPPENINGS

LANCO Amarkantak Power Pvt Ltd Kondapalli Power Pvt Ltd Managing sponsored a seminar on 'Green Director Y Harish Chandra Prasad Building 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 Speaking on the occasion, LANCO economy in the field of construction.

UNFOLDING LIFE HOW I LEARNED TO PRIORITISE... 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 down through the boiler, boiler I came out without cool drinks and follow up with the agencies to auxiliaries, feed heating system, sat at a corner thinking if there was ensure that they completed the switchyard and so on. anything wrong in my answer. With 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 JULY 2005 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. LINKS 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 17 go.” It looked as if he asked me to in writing. Looking annoyed, he A Pattabhi Raman get out. His outburst was shocking. said, “Don’t waste my time and Vice-President -Project, LAPPL I was proud of my performance yours, too.” I said I needed only two Korba, Chhattisgarh 18 LINKS JULY 2005 HAPPENINGS MASTERMIND Thank youfortheoverwhelmingresponse.Sincecorrectanswersweremany, adrawoflot ? 1. NageshwarRao (LKPPL),2.Prabhakar Rao (ABAN),3.Venkatesan (LAPPL) was heldtochoosethethreewinners.Thewinnersare: eligible toparticipatein thecontest. 2005. OnlyLanconians andtheir immediatefamilymembersare Send [email protected] before30July .Inwhichcountryistheplacecalled 1. LINKS .Whatisthenameofplacein 4. WhatisthepercentageofSikkim 3. WhohasbeennominatedtoAP 2. .Whatarethekeyfocusareasof 5. from LANCO? Panel ofCIIonEconomic Affairs Chengdu? LANCO GlobalSystemsLtd? Hyderabad markedoutforITPark? VI HydroProject? stakeinthe360MWTeestaGovt’s project arenowinprogress. survey andinvestigationsofthe of Sikkimon8April2005.The was issuedbytheGovernment cent. TheLetter ofIntent(LOI) equity totheextentof26per project willbeintheformof Government ofSikkiminthe River. Theinvestmentbythe development ontheTeesta of sixstagescascade The projectisthelastscheme for aperiodof35years. (BOOT) basisinthejointsector Operate, OwnandTransfer River inSikkimonBuild, development acrosstheTeesta Hydropower Project for the 360MWTeesta VI has securedtheallotmentof LANCO EnergyPvtLtd(LEPL) .WhereisClarionPower 5. WhatistheAnnualturnover 4. Whatarethebusiness 3. WhoarethePartners of 2. Name any threeclientsof 1. WEBSITE Corporation Ltdlocated? of LANCOGroup? Global SystemsLtd? modules offeredbyLANCO Ltd? LANCO GlobalSystems LANCO GlobalSystemsLtd. PTC India Ltd Executive Vice-President and CFO Deepak Amitabh and LGPPL Director and CEO DV Rao signing the PPA for the Budhil Project. PTC India Ltd CMD TN Thakur, Vice-president A Mohan Menon and Senior Vice-President GS Gupta are also seen. HAPPENINGS

PTC India Ltd has signed a Power Purchase Agreement HPSEB ISSUES CLEARANCE (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 HPSEB GIVES TEC FOR DRINIDHAR India Ltd in New Delhi on 30 March 2005 in the presence of CMD TN Thakur, Vice-President A Mohan PROJECT Menon and Senior Vice-President GS Gupta. Techno Economic Clearance has been issued by the 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 sale of entire power from the Budhil Project, LGPPL has 5MW Drinidhar Small Hydropower Project. It is one of achieved another milestone in its journey towards the the most important clearances required for the implementation of the Hydropower Project. implementation of the project.

BREAKFAST MEET WITH HIMACHAL CM LANCO 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. JULY 2005 He was accompanied by a high level team consisting of two of his cabinet ministers and other senior officials. LANCO Group Founder Chairman L LINKS Rajagopal, Vice-Chairman G Bhaskara Rao, LGPPL CEO DV Rao, LANCO Group Corporate Affairs Director V Sreenivas, Director(Projects) K Raja Gopal 19 and Rithwik and Clarion Power CEO and Director RS LANCO Group Vice-Chairman G Bhaskara Rao presenting a memento Sreenivas were also present on the occasion. to Himachal Pradesh Chief Minister Vir Bhadra Singh. LANCO Group Founder Chairman L Rajagopal(centre) looks on. LIGHT-SPONSORED OLYMPIC DAY RUN WOWS HYDERABAD The 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

HUMAN FACE contrast to the run organised last year in which around 6000 people participated. the state. “I want to see many more champions emerging from across Andhra Pradesh,” he said. The Olympic Day Run, sponsored by LANCO Institute of General Humanitarian Trust (LIGHT), converged at Chief Minister YS Rajasekhara Reddy reaffirmed his Lal Bahadur Stadium. Speaking on the occasion, government's commitment to providing adequate funds Rajagopal said he was happy with the good response and additional infrastructure to nurture sports talents in that the run had evoked. He reiterated his commitment the state. IN BRIEF TEN MORE Sports wear worth Rs 100,000 were distributed BORE-WELLS DUG 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 Veladikothapalem President (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, RS 1 MILLION FOR GIRLS HOSTEL raising the total number of bore-wells dug under LIGHT has donated Rs 1 million towards constructing Sujalavahini to 678. a hostel for girls in Kadapa. The building will have a built-up area of 20,000 sq feet to accommodate HELP FOR VISUALLY IMPAIRED 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 . STRESS ON HELPING THE DISABLED RS 100,000 SPORTS WEAR Helping the disabled come out of their disabilities is nothing but an act of humanity, according to LANCO DISTRIBUTED Kondapalli Power Pvt Ltd General Manager (Projects) A Srinivasa Rao. He was speaking at a function jointly organised by Indira Kranti Patham and LIGHT

JULY 2005 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 LINKS Ibrahimpatnam, G Konduru and Mylavaram mandals. 20 LKPPL Vice-President (Operations) Dharma Teja distributing sports wear in Vijayawada. A Srinivasa Rao, GM - Projects (right) is also seen. uhagetcmay Group. 1987.Thattriggered offlotsofactivities,leading toso LANCO? manypeople joiningthecompany. Whatwasyourhappiestmoment workingwith Amarappa Naidu, theFounder ofLANCO Group, oftheYeleru Reservoir Project inVisakhapatnam Vizag SteelPlantwayback in1983.Oneday Thehappiestmoment waswhenLANCOgottheorder movement oftipperscarrying constructionmaterialat I startedwiththeworkofmaintaining aledgeronthe organisation forsucha long time? What hasmadeyouto remain withthe believeIcanrealisemyfullgrowthonly inLANCO meremainloyaltoLANCOGroup. AndIstrongly such agreatcompany. hundreds ofpeople.Iamreallyproudtobepart Promoters' concernforeveryemployeethathasmade Chairman,healsoposedthesamequestion.Itis distinct nameandidentity. Itisgivingemploymentto than anyoneofuscouldeverthinkof. Today ithasa movedtoHyderabadwithLRajagopal, theFounder LANCO Group.hasgrownatapacefaster I reallyfeelproudofbeingcalledtheFirst Employee in First EmployeeinLANCO? How doyoufeelaboutthehonourofbeing Subramanyam withhis children Premchand Visakhapatnam, whereLANCOGrouptookbirth.Fromaninitialassignmenttokeeparecordof wife Padmajaand accounts and secretarial works of the Group. Soft-spoken andmild-mannered,heremainsvery accounts andsecretarialworksoftheGroup.Soft-spoken Company right from 1983. In his long service, he has worked atdifferentplaces,starting with Company rightfrom1983.Inhislongservice,hehasworked devoted totheCompany. In achatwithLINKS, Subramanyamcomesoutasapersonwhois the tipper movement at Vizag Steel Plant, Subramanyam has graduated to take care ofthe the tippermovementatVizagSteelPlant,Subramanyamhasgraduatedtotakecare K Subramanyam, Manager (Admn), LANCOKondapalliK Subramanyam,Manager(Admn), Power PvtLtd,hasbeenwiththe and Sahithi. grateful tothePromoters ofLANCOGroupfortheirconcernandgoodwill. IN PERSON readily said,“Yes, Iwanttogrow.” Years later whenI asked me:“Doyouwanttogrowinthecompany?” I

21 IN-HOUSE LINKS JULY 2005 22 LINKS JULY 2005 IN-HOUSE NO MOREAFAD EMOTIONAL about theauthenticuseofemotions. right time,inthemanner, fortherightreason.Itis others. Itisaboutbeingangryattherightperson, successes. Itisaboutrecognisingjoyandpainin about smilingallthetime.Itiscelebrating relatively newareaforme.Emotionalintelligenceisnot led toashortdiscussiononemotionalintelligence, It wasachancemeetingwithanoldfriendofminethat person whoiscriticalandcondescending,inhibited emotional competenciesportraysthestereotypical high intelligencequotientinpeoplewhoalsolackthese An analysisofthepersonalitytraitsthataccompany By contrast,SunitaNarainwasanaveragewoman. She his colleaguesandothersworkingunderhim. was checkedoutbecausehecouldnotgetalongwith But hardlyhadhecompletedthreemonthswhen multinational company, drawingahandsomesalary. A goldmedallistinMBA,hisfirstpostingwaswitha Ravi Shankarwasanextraordinarilyintelligentperson. uncomfortable withsensualityandemotionallybland. everyone around.Somuchsothatinashortspanof But shewasverypopular, lovedandappreciatedby did nothavealistofacademicachievementstoshow. a richemotionallife.They arecomfortablewith intelligence arecomposed, committedandcaring,with her company. People withthetraitsthatmarkemotional eight years,sherosetobecomethechiefexecutive of People whoareblessedwithhigh levelemotional Emotional intelligencegives oneacompetitiveedge. themselves, withothersand withsocietytheylivein. INTELLIGENCE relationships. Thiscomesagainstthecommon They aremoreemployableandhavebetter intelligence arelessdepressedandenjoygoodhealth. emotions soastoassistthought;understand ability toperceiveemotions;accessandgenerate testable intelligence.“Emotionalintelligenceisthe “Emotional Intelligence”defineEQasascientifically Peter SaloveyandJohn“Jack” Mayerinanarticletitled from makinggooddecisionsandfocussing.” perception that“Emotionsareintheway, keepingone I believethisisanareawhichrequiresimmediate intellectual growth.” regulate emotionssoastopromoteemotionaland emotions andemotionalknowledge;toreflectively that thoseaspiringtojoin thefoldshouldhaveahigh emotional quotient,efforts shouldbemadetoensure life needtolearnmoreabouttheimportanceof attention. Whileallthosealreadypartofthecorporate and existasahealthycorporate. level ofemotionalquotient. Thatisnecessarytogrow “ comfortable withthemselves,othersand comfortable intelligence arecomposed,committedand caring, witharichemotionallife.Theyare People withthetraitsthatmarkemotional with societytheylivein. - GeorgeKarimalil ” LIGHTER SIDE - BV Ramana Reddy, - - - - - to knowyourgrandchildren.Your son Rahul Someday I'msurewe'llbebacktovisit,soyoucanget old nowandIknowhowtotakecareofmyself. and shesuredeservesit!Don'tworryDad,I'm15years science willfindacureforAIDSsoshecangetbetter one ofmydreamstoo.Inthemeantime,we'llpraythat to havemanymorechildrenwithmeandthat'snow already ownsafarmhousenearthewoods.Shewants don't careforherassheissomucholderthanI, the passionDad,sheispregnant.Eventhoughyou notonly real passionwithherandsheissonice.Butit’s to avoidascenewithmomandyou.I'vebeenfinding I hadtoelopewithmynewgirlfriendbecausewanted withgreatsorrowthatI'mwritingtoyou. “Dear Dad,It’s he openedtheenvelopeandread. pillow. Itwasaddressed, "Dad".With tremblinghands, span. Thenhenoticedanenvelopeproppeduponthe to seethebednicelymadeandeverythingspick A fatherpassingbyhisson'sbedroomwasastonished lse withababyboyon 30 April2005. blessed married SaradaPriyadarsini on16June2005. P Subrahmanyam, on 1June2005. Prasad M, married VijayaLaxmi on29May2005. Venugopalam M, Rakhia Parveen Sultanaon28May2005. Mohd Raheemuddin, May 2005. Aparnaon19 Accounts), ClarionPower marriedLaxmi Laxmi Narayana, PStoDirector-Finance, LGLmarried Nalini TO DeputyManager, InternalAudit,LGL DeputyManager(Finance and SeniorNetworkEngineer, LGSL SrManager(Planning),LITL was OfficeAssistant,LGLmarried DAD WITH ‘LOVE’! come home. in onmydesk.Iloveyou!Callwhenitissafeformeto PS: Dad,noneoftheaboveistrue.I'moverat PS: there areworsethingsinlifethanmyreportcardthat's neighbour's house.Ijustwantedtoremindyouthat 23 LINKS JULY 2005 IN-HOUSE