20 Oct 2016 07:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
Mytrah Energy Limited
("Mytrah" or the "Company")
Mytrah Energy Reaches One Gigawatt Milestone
Mytrah, the India-based renewable focused Independent Power Producer, is pleased to announce the installation of additional capacity at its Aspari project in Andhra Pradesh, taking its total wind portfolio energy capacity to 1000 MW (1 gigawatt).
Commenting on Mytrah's performance, Ravi Kailas, Chairman, said:
"In just six years Mytrah has covered an extraordinary distance and today marks the significant milestone achievement of one gigawatt of wind energy capacity. It gives me enormous pride to have reached this juncture after tireless work, preparation, planning and execution by everyone associated with Mytrah. I would like to again thank all the staff, shareholders, vendors and bankers associated with Mytrah for their continued support in delivering this milestone."
For further information please visit www.mytrah.com or contact:
Mytrah Energy Limited Ravi Kailas / Bob Smith
| +44 (0)20 3402 5790
|
Investec Bank plc Chris Sim / Jeremy Ellis
| +44 (0)20 7597 4000
|
Mirabaud Securities LLP Peter Krens / Rory Scott | +44 (0)20 7878 3360
|
Yellow Jersey PR Limited Charles Goodwin / Dominic Barretto / Josh Cole
| +44 (0)7747 788 221
|
About Mytrah Energy Limited
Mytrah Energy Limited (AIM: MYT) is one of the largest Independent Power Producers ('IPP') in renewable energy in India, with a portfolio of wind power generation assets across 15 projects and 8 states. The Company has more than 200 wind masts installed across multiple states in India, providing a pool of information from which to select its future projects. Mytrah currently has an active development pipeline of about 3000 MW of wind and 500 MW of solar.