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14. February 2013

IN - Mytrah gears to become largest wind power producer

Economic Times reported that Mytrah Energy Limited gears to become the largest wind based independent power producer in India by installing a capacity of 310 MW of power from wind assets. In Andhra Pradesh the company has a total capacity of 63 MW of wind assets in Vajrakarur in Anantapur district. Over INR 400 crore has been invested for the project in Vajrakarur.

A capacity of 37.4 MW in Burgula in Kurnool district is under construction and is expected to be commissioned by September 2013. MEIL has entered into a MoU with the government of Andhra Pradesh for assessing wind potential in new sites. By 2017 Mytrah aims to have an installed capacity of 1000 MW in Andhra Pradesh.

Mr Vikram Kailas MD, MEIL said that "It is a proud moment for us at Mytrah. Within just 2 years of our inception we have become the largest Independent Power Producer in Andhra Pradesh."

He added that "In the next quarter we expect to commence construction of another 100 MW in Andhra Pradesh. Also we are in advance stages of approval for a further 100 MW. Including the 100 MW which is in advance stages of approval we expect to have a cumulative of 300 MW commissioned in Andhra Pradesh by December 2014. This will involve an investment of over INR 2000 crore in the state of Andhra Pradesh which is the largest investment by an IPP in this state."

MEIL has wind farms across 6 states Andhra Pradesh, Rajasthan, Gujarat, Maharashtra, Tamil Nadu and Karnataka. The company has a total capacity of 210 MW across 8 wind farms in Kaladonger as well as Mokal, Rajasthan; Chakla, Maharashtra; Jamanwada as well as Mahidad in Gujarat. The other projects in pipeline are Vagarai in Tamil Nadu, Savalsang in Karnataka and Gotne in Maharashtra.

Source – Economic Times

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