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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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London-based Mytrah Energy Ltd, The company expects to completed the said capacity in the coming 12 months, before India`s 2016 wind season kicks off. With the new wind farms, Mytrah’s nominal capacity will top 690 MW, it calculates. 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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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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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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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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Rohit Phansalkar is the Chairman and CEO of RKP Capital, Inc., a US-based merchant banking boutique firm. He was the co-head of the Energy Finance Group at Shearson American Express, Managing Director of Bear Stearns and Managing Director at Oppenheimer & Co. He was also the Founding Chairman of The India Fund. Read More »
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