Mytrah Energy (India) Ltd., the Hyderabad-based renewal energy firm, is setting up decentralised solar energy plants with generation capacity of 400 MW across Telangana in 16 different places with the total investment of Rs. 3,000 crore. About 200 MW of solar power plants have already been set up and by January, the entire project is to be in place.
Another 100-MW solar power plant is to be set up elsewhere in India by the firm which has also successfully bagged a nationwide bid to set up wind energy plants producing 250 MW of power in Tamil Nadu. “We are targeting to install 600 MW of renewable energy — both wind and solar by March-April next year taking our firm’s capacity to 2000 MW. We are also in the process of raising funds through investments, green bonds and may even go for a public issue,” says Mytrah Energy managing director Vikram Kailas. Read More…
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