Mytrah Group is focused on delivering sustainable energy in a world without subsidies. The group is privately owned and takes a long-term view of business, guided by strong corporate values and high ethical standards.
Mytrah has an international management team with worldwide financial and operations experience. This team leads an organisation of over 400 people, including some of the world's most experienced wind energy professionals in the areas of wind resource assessment, land acquisition, engineering, procurement and construction (EPC), commercial analysis, vendor framework, grid analysis, operations and maintenance, and financing.
Mytrah has built over 1800 MW of operational assets in the Renewable Energy sector. These assets are spread across 17 wind farms and 21 ground monitored solar farms in 9 states – Punjab, Rajasthan, Gujarat, Madhya Pradesh, Maharashtra, Karnataka, Telangana, Andhra Pradesh and Tamil Nadu.
Mytrah sells power mainly to state grids through 13 to 25 year Power Purchase Agreements. In addition, our 100.5 MW project in Tamil Nadu sells power directly to Industrial consumers on short-term agreements.
Mytrah Energy (India) Pvt Ltd has the largest wind data bank in India, being the only Independent Power Producer having a PAN India presence of over 240 wind masts.
Installed capacity reached 1000 MW and funds raised USD 380m equivalent rupee term loan agreement with 3 major Indian banks to refinance existing senior loans
Operational capacity reaches 583 MW and funds raised touches US$ 60 million through additional bonds issued, bringing total new finance raised under this structure to USD 130 million.
Operational portfolio reaches 543 MW and funds raised touches US$ 70 million through bond issued, purchased by Merill Lynch International and Apollo Funds.
MoU with the Gujarat government for 1000 MW in January 2013. Register seven projects with a total capacity of 309.9 MW with the United Nations Framework Convention of Climate under Clean Development Mechanism.
MoU with the Andhra Pradesh Government for 2850 MW in January 2012. MoU with the Karnataka Government for 1627 MW in June 2012. Execute our first self-development project in September 2012. Our operating portfolio reaches 310 MW in September 2012.
Install first 100 MW in December 2011. Commission first project of 42 MW in June 2011 in Rajasthan. Commission second project of 25.2 MW in August 2011 in Gujarat. Raise US$ 112 million of non-dilutive mezzanine financing in August 2011. Enter into an MoU with the Andhra Pradesh government for 800 MW in December 2011.
Mytrah Energy Limited is incorporated in Guernsey in August 2010 and becomes a parent company of MEIL. Mytrah Energy Limited is listed on AIM in October 2010. US$ 80 million of equity is raised.
Mytrah Energy (India) Limited (MEIL) is incorporated in India in November 2009.