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Sun04202014

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Mytrah Energy looking towards 1,000 MW of wind for Andhra Pradesh by 2017

Mytrah Energy looking towards 1,000 MW of wind for Andhra Pradesh by 2017
The Charminar in Hyderabad, the capital of Andhra Pradesh

Mytrah Energy (India) Ltd. intends to install 1,000 megawatts worth of wind farms in the state of Andhra Pradesh by 2017.

According to The Hindu Business Line, the Indian wind company has entered into a memorandum of understanding with the government for more projects in the state.

Currently, Mytrah Energy’s has two wind power projects in Andhra Pradesh. The 63 MW Vajrakarur project is already operational while the 37.4 MW Burgula project is currently under construction.

“In the next quarter, we expect to begin construction of another 100 MW in Andhra Pradesh. We are in the advanced stages of approval for a further 100 MW capacity,” said managing director Vikram Kailas in a statement.

While the ultimate goal is 1,000 MW of capacity by 2017, the first phase of the plan is 300 MW by December 2014.

The Mytrah Energy is set to invest 2,000 crore ($ 372,786,000) to set up those 300 MW of wind farms by next year.

The company, which is a wholly owned subsidiary of Mytrah Energy Limited (MEL), is one of the largest wind based independent power producers in India, with an operating portfolio of 310 megawatts of wind assets across four states in India – including Andhra Pradesh. – EcoSeed Staff



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