Step 1: Understand the given information.
The circle has area \(154\) sq units and the given two lines are diameters of the circle.
\[
2x-3y+12=0
\]
and
\[
x+4y-5=0.
\]
Step 2: Find the radius using area.
Area of a circle is:
\[
\pi r^2 = 154.
\]
Taking \(\pi=\frac{22}{7}\), we get:
\[
\frac{22}{7}r^2=154.
\]
\[
r^2=154 \times \frac{7}{22}=49.
\]
So,
\[
r=7.
\]
Step 3: Find the centre of the circle.
Since both given lines are diameters, their point of intersection is the centre of the circle.
Solve:
\[
2x-3y+12=0
\]
and
\[
x+4y-5=0.
\]
Step 4: Solve the equations.
From the second equation:
\[
x=5-4y.
\]
Substitute in the first equation:
\[
2(5-4y)-3y+12=0.
\]
\[
10-8y-3y+12=0.
\]
\[
22-11y=0.
\]
\[
y=2.
\]
Now,
\[
x=5-4(2)=-3.
\]
So, the centre is:
\[
(-3,2).
\]
Step 5: Use standard equation of circle.
The equation of circle with centre \((h,k)\) and radius \(r\) is:
\[
(x-h)^2+(y-k)^2=r^2.
\]
Here,
\[
h=-3,\quad k=2,\quad r=7.
\]
Therefore:
\[
(x+3)^2+(y-2)^2=49.
\]
Step 6: Expand the equation.
\[
x^2+6x+9+y^2-4y+4=49.
\]
\[
x^2+y^2+6x-4y+13=49.
\]
Step 7: Bring all terms to one side.
\[
x^2+y^2+6x-4y-36=0.
\]
Final Answer:
\[
\boxed{x^2+y^2+6x-4y-36=0}.
\]