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MSPL Limited

Sector: Raw Materials • Location: India

Source: International Finance Corporation (IFC)

Project
Completed

_x000C_MSPL Limited (MSPL or the company), a family-owned company, is one of the largest private iron ore producers in India. The company is over 40 years old and, while its background is in the mining business, the company is currently the largest private generator of wind power in the country (installed capacity is 111.6 MW as of July 2006). In FY 2006, sales of iron ore represented 91% of tota

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The project “MSPL Limited” is an infrastructure initiative in the Raw Materials sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

_x000C_MSPL Limited (MSPL or the company), a family-owned company, is one of the largest private iron ore producers in India. The company is over 40 years old and, while its background is in the mining business, the company is currently the largest private generator of wind power in the country (installed capacity is 111.6 MW as of July 2006). In FY 2006, sales of iron ore represented 91% of total revenues, while sales of wind energy represented 8% of total revenues. The project consists of the installation, operation and maintenance of 36.6 MW of wind power generators in the states of Karnataka and Gujarat in India, to be implemented by MSPL. Electricity will be sold through long-term power purchase agreements to state-owned electricity distribution companies. After the project, MSPL’s wind portfolio would be 148.2 MW.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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