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Hyderabad-based power producer Mytrah Energy (India) Ltd said on Thursday it will raise up to $175 million (Rs 1,164 crore) in loans from the Asian Development Bank to fund its wind and solar projects.
“This loan facility underpins our growth plan; the company expects to reach its medium term capacity target of 1000 MW in the coming 12 months,” said Ravi Kailas, chairman, Mytrah Energy.

Hyderabad-based power producer Mytrah Energy (India) Ltd said on Thursday it will raise up to $175 million (Rs 1,164 crore) in loans from the Asian Development Bank to fund its wind and solar projects.
“This loan facility underpins our growth plan; the company expects to reach its medium term capacity target of 1000 MW in the coming 12 months,” said Ravi Kailas, chairman, Mytrah Energy.

We were profitable in the first six months of operations though some companies are not profitable for 5 or 10 years after they set up the projects. There are four determinants: Capital cost has a significant impact on what the rate of return is going to be. A 10 per cent difference in capital cost has a 3-4 per cent difference in internal rate of return because that determines what is your total
We were profitable in the first six months of operations though some companies are not profitable for 5 or 10 years after they set up the projects. There are four determinants: Capital cost has a significant impact on what the rate of return is going to be. A 10 per cent difference in capital cost has a 3-4 per cent difference in internal rate of return because that determines what is your total
Mr. Rohit Kumar Phansalkar is Independent Non-Executive Director at Mytrah Energy Ltd., Chairman & Chief Executive Officer at RKP Capital, Inc., and Independent Director at Mytrah Energy (India) Ltd. He is on the Board of Directors at Mytrah Energy Ltd. and Mytrah Energy (India) Ltd.

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