October 3, 2012
Mytrah Energy Limited has plans to invest Rs. 30,000 crore in the medium term to build 5000 MWs in India by 2018. The company informed that it has already invested about Rs. 2,400 crores in the current projects and estimates to invest a further Rs. 2,000 crores in the current year. In medium term the investment is expected to be in the range of Rs. 30,000 crores to build 5000 MW in India. The company currently has an installed capacity of about 316 MWs and it is likely to go up to 610 MW by middle of next year.