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This financing will allow the company to expand its capacity. The decision also supported ADB’s strategy of stepped up financing for renewable energy and increased support for private investment in the sector. The loan facility “underpins our growth plan. The company expects to reach its medium-term capacity target of 1,000 MW in the coming 12 months,” said Mytrah Energy India Chairman Ravi Kailas. 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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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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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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The loan will be used as long-term project finance debt in building 150MW of wind power, which is now fully financed and expected to be on stream in the next 12 months, ahead of the country`s 2016 wind season. Read More »
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The loan will be used as long-term project finance debt in building 150MW of wind power, which is now fully financed and expected to be on stream in the next 12 months, ahead of the country`s 2016 wind season. Read More »
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The loan will be used as long-term project finance debt in building 150MW of wind power, which is now fully financed and expected to be on stream in the next 12 months, ahead of the country`s 2016 wind season. Read More »
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The loan will be used as long-term project finance debt in building 150MW of wind power, which is now fully financed and expected to be on stream in the next 12 months, ahead of the country`s 2016 wind season. Read More »
Discuss   Bury