What is the latest status of the project “Hero Ratlam 100 MW Wind Power”?

The status recorded for “Hero Ratlam 100 MW Wind Power” is Active.

Who are the main government, EPC, and private stakeholders for “Hero Ratlam 100 MW Wind Power”?

Taiyo maps the stakeholders of “Hero Ratlam 100 MW Wind Power”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Hero Ratlam 100 MW Wind Power”?

Taiyo normalizes the budget of “Hero Ratlam 100 MW Wind Power” to USD 107200000.

Where can I verify the source and access all details for “Hero Ratlam 100 MW Wind Power”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/hero-ratlam-100-mw-wind-power-8496). Taiyo standardizes official data into a consistent, searchable project profile.

Hero Ratlam 100 MW Wind Power

Sector: Wind • Location: India

Source: World Bank Group

Project

Active

The project entails the development of a 100MW wind power project in Bhadnawar Tehsil, Dhar district in the State of Madhya Pradesh, by Clean Wind Power (Ratlam) Pvt Ltd.

Sponsors are Hero Wind Energy and Hero Future Energies. As per the MP state wind policy, power plants are built on a Build, Own and Operate(BOO) basis for a period of 25 years from the Commercial date of Operation. The state go

Status: Prospective
Sector: Wind, Power Generation (CCGT), Government, Commercial
Location: India
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Hero Ratlam 100 MW Wind Power” is an infrastructure initiative in the Wind sector, located in India. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	Active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The project entails the development of a 100MW wind power project in Bhadnawar Tehsil, Dhar district in the State of Madhya Pradesh, by Clean Wind Power (Ratlam) Pvt Ltd. Sponsors are Hero Wind Energy and Hero Future Energies. As per the MP state wind policy, power plants are built on a Build, Own and Operate(BOO) basis for a period of 25 years from the Commercial date of Operation. The state government invites proposals for allocation of projects from time to time and are bid competitively based on the tariff, if more than one party shows interest. The project is also eligible for revenue subsidy under the Generation Based Incentive Scheme in the Wind Power Sector in India. The total project cost is USD $107.2 million (INR 7.2 billion). Financing comprises a USD $84.9 million (INR 5.7 billion) 12-year term loan and an equity contribution of USD $22.3 million (INR 1.4 billion). ICICI Bank is the Mandated Lead Arranger and facility agent. Financial close occurred on 9 December 2015.
Original sector	Energy
Budget

Location

Country

India

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Wind, Power Generation (CCGT), Government, Commercial
Article published date	2024-09-24

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