- Mytrah Energy
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Mytrah Energy Limited 
Traded as LSE: MYT Founder(s) Ravi Shankar Kailas Website mytrah.com Mytrah Energy Limited (LSE: MYT) is a public limited company listed on the London Stock Exchange's Alternative Investment Market as LSE: MYT. The company was formerly named Caparo Energy Ltd.[1] [2]
Through its subsidiary Mytrah Energy (India) Limited (MEIL), the Company intends to own a portfolio of wind farms with a target total installed capacity of 5,000 MW by the year 2017. The Company intends to acquire and develop these wind farms in conjunction with some of the world’s leading wind turbine manufacturers. MEIL is headquartered in Hyderabad, Andhra Pradesh.
The Company will seek to generate predictable and long-term cash flows by building a portfolio of wind power generating assets in the currently fragmented Indian Wind Energy Market. MEIL has entered into a business partnership agreement with Suzlon Energy, to develop and own up to 3,000 MW of wind power generation farms. The Company also has an agreement for purchase of 2,000 MW of wind power assets from Gamesa. The Company is targeting to add 1,000 MW of generation capacity by March 2013, of which 500 MW are under various stages of construction for commissioning by March 2012. The Company has 67.2 MW of operating assets.[3]
Board of Directors
- Ravi Shankar Kailas, Chairman and Chief Executive Officer[3]
- Vikram Kailas, Chief Financial Officer[3]
- Alastair Cade, Director[3]
- Hon. Angad Paul, Non-Executive Director[3]
- Philip Swatman, Non-Executive Director[3]
- Rohit Kumar Phansalkar, Non-Executive Director[3]
- Russell Walls, Non-Executive Director[3]
- Peter Neville, Non-Executive Director[3]
References
- ^ Mytrah to raise $189.3 for Suzlon wind turbines Bloomberg, 13 September 2011
- ^ Caparo raises more finance as wind farm build out continues Recharge, 10 August 2011
- ^ a b c d e f g h i "Mytrah Energy Limited - About Mytrah". Mytrah Energy Ltd.. http://www.mytrah.com. Retrieved 2011-10-18.
External links
Categories:- Companies listed on the London Stock Exchange
- Companies based in Hyderabad, India
- Companies listed on the Alternative Investment Market
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