L. Madhusudhan Rao

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L. Madhusudhan Rao is the chief executive of Lanco Infratech, a privately owned Indian-headquartered power generation and infrastructure company.

On investing in overseas coal projects

In an interview for the company's website, L. Madhusudhan Rao explained that the company's purchase of the Western Australian coal miner, Griffin Coal, was aimed at securing coal for the company's Indian power projects. Rao stated that "fuel security is the biggest concern today. We think acquisition of Australia's Griffin Coal was a right move. It can meet our requirements for the next seven to eight years."[1]

Articles and Resources

Sources

  1. Colin Kruger, "$3.5bn writ hits mines deal", Sydney Morning Herald, June 30, 2011.

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