Mytrah Vayu Nazeerabad Wind Farm

Active

Prospective

The project entails the construction and development of a 100 MW wind power plant in Nazeerabad, Rangareddy district in the state of Telangana, by Mytrah Vayu (Godavari) Private Limited. The sponsor is Mytrah Energy which was earlier known as the Caparo Group. Suzlon will install 47 wind turbine generator (WTGs) of the S97 120m Hybrid Tower with rated capacity of 2.1MW each. The project will power ~60,000 households and curb ~0.2 million tonnes of CO2 emissions each year. Details on the contract were not available. However, the company website mentions that they secure PPAs of 13-25 year duration for all their projects. The total project cost is USD $ 90.4 million (INR5.95 billion) and is being financed entirely by a 15-year-6-month term loan provided by IDFC Bank. Financial close occurred on 22 September 2015. i) Dealogic ii) http://www.mytrah.com/docs/Half_Year_Report_2015.pdf iii) http://articles.economictimes.indiatimes.com/2015-08-10/news/65415443_1_mytrah-energy-wind-capacity-telangana-government iv) http://www.mytrah.com/about-mytrah-energy-ltd.php v)http://suzlon.com/images/Media_Center_Press_release/362_Press%20release%20Suzlon%20group%20to%20supply%2098MW%20to%20Mytrah%20Energy%2018th%20May%202015.pdf

Energy

World Bank Group

Project

Wind, Raw Materials, Power Generation (CCGT), Government, Commercial