About Mytrah Energy Limited
Mytrah Energy Limited is one of India's fastest growing Independent Power Producers with a focus on developing wind power to meet the increasing demand for power and is one of the first IPP’s to be established in the wind sector in India to build utility scale projects. Mytrah Energy (India) Limited ("MEIL" or "Company") is a wholly owned subsidiary of Mytrah Energy Limited that is listed on AIM, a market of the London Stock Exchange, under the ticker MYT, intends to own a portfolio of wind farms with a target total installed capacity of 5,000 MW by the year 2017. The Company intends acquire and develop these wind farms in conjunction with some of the world’s leading wind turbine manufacturers. MEIL is headquartered in Hyderabad, Andhra Pradesh.
The Company will seek to generate predictable and long-term cash flows by building a portfolio of wind power generating assets in the currently fragmented Indian Wind Energy Market. MEIL has entered into a business partnership agreement with Suzlon Energy Limited, to develop and own up to 3,000 MW of wind power generation farms. The Company also has an agreement for purchase of 2,000 MW of wind power assets from Gamesa India Private Limited. The Company is targeting to add 1,000 MW of generation capacity by March 2013, of which 500 MW are under various stages of construction for commissioning by June 2012. The Company has 140 MW of operating assets.