Mytrah Energy Limited on Friday announced that an additional 210 Mw of wind power capacity has been commissioned at three of its existing sites, increasing the total operating wind portfolio to 826.4 Mw at the start of the 2016 wind season.
With more projects in pipeline the company expects to take the total installed wind capacity to 1,000 Mw before mid-2017.
In addition to the wind capacity expansion, development of the Company's solar pipeline continues, with power purchase agreement (PPA) now signed for all 377 Mw in Telangana and Punjab and a further 45 Mw won in the recent Karnataka allocation.
"I am delighted that we have commenced the 2016 wind season with 826.4 Mw of operating wind assets.
Mytrah has added 283 Mw of wind capacity in the last 12 months-well ahead of our initial 200 Mw target," said Ravi Kailas, chairman and chief executive of Mytrah Energy Limited. Recently, the Asian Development Bank (ADB) has approved loans of up to $175 million to Mytrah Energy for its proposed expansion plans in wind and solar energy sectors.The projects being financed include wind power projects in Rajasthan, Madhya Pradesh, Adhra Pradesh and Karnataka, with a combined capacity of 476 Mw, and photovoltaic solar power projects in Telangana and Punjab with a capacity of 100 Mw.