Learning Leadership in India? The Lanco Way
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Thursday, July 19, 2012
This summary is based on a conversation in Delhi, India with Sudhakar Moorthy, chief learning officer of Lanco, and Dinesh Bhasin, Lanco’s deputy head of learning and development.
Founded in the early 1990s in Hyderabad, India, Lanco Infratech Limited (Lanco) has been driving growth across the energy verticals of power, solar, natural resources and engineering, procurement, and construction (EPC). From 2000 to 2010, Lanco grew from $30 million in annual revenues to $1.8 billion in annual revenues. Today, Lanco is among the top three private sector power developers in India with 4,410 megawatt under operation, 4,968 megawatt under construction, and 7,103 megawatt of projects under development. Its gross revenue in 2011 was $2.25 billion. A people-driven organization, Lanco has a pan-India presence and international operations in 12 countries with a human resource base of more than 8,000 people. A member of the World Economic Forum and the UN Global Compact, Lanco is recognized for its Corporate Social Responsibility initiatives led by the Lanco Foundation.