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Mytrah Energy, an independent power producer in renewable energy, today announced that the installation of additional capacity at its Aspari project in Andhra Pradesh has taken its total wind energy capacity to 1,000 MW (1 gigawatt).
The company now has 15 projects across 8 states and has around 200 wind masts installed across multiple states in India.
Mytrah Energy had raised a capital of Rs 320 crore for the first time in 2010-11. Its collective loan book of Rs 2,500 crore in 2014 helped deliver 543 MW. It raised funds to over Rs 10,000 crore, including one of the largest refinancing transactions in renewable space to complete the one gigawat journey.
Commenting on the achievement, Ravi Kailas, Chairman, said: "In just six years, Mytrah has covered the distance and today marks the significant milestone achievement of one gigawatt of wind energy capacity.”
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