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Wind energy firm Mytrah Energy Limited (MEL) had raised an additional senior debt of $203 million in March this year to finance the construction of 238.2 Mw new capacity in Andhra Pradesh, Karnataka and Tamil Nadu. Following the completion of these projects, Mytrah will have around 600 Mw connected to the grid, the company said.
The projects are being executed by Mytrah Energy (India) Limited (MEIL), a wholly-owned subsidiary of MEL based in London. The company is listed on AIM, a secondary market of London Stock Exchange.
It reported a net profit of $12.02 million for the 9-month ending December, 2012. It had shifted to calendar year as its financial year from 2012 onwards.
