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The firm has installed 543 MW of wind parks across six Indian states and it has 3,500 MW of projects in the pipeline, chairman and CEO Ravi Kailas noted. Last week, Mytrah agreed to construct a 220-MW wind park in the Indian state of Andhra Pradesh within 18 months under a deal with the local government. Read More »
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This financing will allow the company to expand its capacity. The decision also supported ADB’s strategy of stepped up financing for renewable energy and increased support for private investment in the sector. The loan facility “underpins our growth plan. The company expects to reach its medium-term capacity target of 1,000 MW in the coming 12 months,” said Mytrah Energy India Chairman Ravi Kailas. Read More »
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India is the most exciting power market in the world, particularly for renewables. India already has 35 GW of renewable energy capacity and plans to grow this 500% over the next six years. Read More »
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Vikram Kailas, Managing Director, Mytrah Energy talks about the many firsts in his life. Ravi Kailas, who taught him to channel people`s passions and get out of the way. Read More »
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London-based Mytrah Energy Ltd said it has secured an INR-8.53-billion (USD 137m/EUR 121m) long-term loan from an unnamed Indian bank to back 150 MW of wind projects. Mytrah agreed to construct a 220-MW wind park in the Indian state of Andhra Pradesh within 18 months under a deal with the local government. Read More »
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Mytrah chairman and founder Ravi Kailas acquired shares from other shareholders through a special purpose vehicle, Raksha Energy Holdings, and delisted from AIM. Read More »
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Mr. Rohit Kumar Phansalkar is NonExecutive Independent Director of Mytrah Energy Ltd. The company has return on total asset (ROA) of 5.5 % which means that it generated profit of $5.5 on every $100 spent on asset. This is normal as compared to the sector avarege. Read More »
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Asian Development Bank has approved a loan of up to $ 175 million to Mytrah Energy, an independent power producer focused on renewable energy. It is to help fund development of a portfolio of new wind and solar projects, a release from the company said on Thursday. The projects being financed include wind power projects in Rajasthan, M.P., A.P. and Karnataka and solar power projects in Telangana and Punjab. Read More »
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