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Vayu Urja Bharat Wind Farm

Sector: Wind • Location: India

Source: World Bank Group

Project
Active

The project envisages the construction and operation of a 120 MW wind power facility at Anantapur district, Andhra Pradesh.

Vayu Urja Bharat Pvt Ltd is the SPV, wholly owned by Hero Group. Output will be sold to the state utility under a 25-year PPA.

Total investment amounts to $164.9 million and is being funded at 80:20 debt to equity. Debt financing of $132.1 million was provided by Kotak Mah

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

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The project “Vayu Urja Bharat Wind Farm” 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 envisages the construction and operation of a 120 MW wind power facility at Anantapur district, Andhra Pradesh. Vayu Urja Bharat Pvt Ltd is the SPV, wholly owned by Hero Group. Output will be sold to the state utility under a 25-year PPA. Total investment amounts to $164.9 million and is being funded at 80:20 debt to equity. Debt financing of $132.1 million was provided by Kotak Mahindra Bank and PTC India. Equity contribution amounts to $32.8 million. Financial closure occurred on 22 February 2017. Factiva and Dealogic

Original sector

Energy

Budget

Location

Country

India

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

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

Article published date

2024-06-06

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