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GE to invest upto USD 31 million in Mytrah wind project

GE to invest upto USD 31 million in Mytrah wind project

Aug 04, 2016, at 07:39 pm

Hyderabad/ Kolkata, Aug 4 (IBNS): Mytrah, the India-based renewable focused Independent Power Producer,on Thursday announce that Mytrah Vayu (Tungabhadra) Private Limited, which is a 99.99 percent subsidiary of Mytrah Energy (India) Private Limited , has entered into a definitive agreement with Guayama P.R. Holdings B. V., an investment vehicle of GE Energy Financial Services , whereby GE has agreed to invest upto USD 31 million in MVTPL to support the development of a 200 MW wind energy project in Andhra Pradesh.