Mytrah Energy (MYT) Share Price, News & Analysis

Mytrah Energy Limited (MEL) is a renewable energy developer and producer. The Company operates as an independent power producer (IPP). It operates through the generation and sale of electricity segment. The Company has approximately 10 wind farms in operation; over 210 wind masts, and approximately three wind farms under construction. Its projects include Bhesada, Vajrakarur 2, Nazeerabad and Nidhi Wind Farms 4. The Company's wind farms are spread across approximately eight states, including Rajasthan, Gujarat, Maharashtra, Andhra Pradesh, Telangana, Punjab, Karnataka and Tamil Nadu. The Company's subsidiary, Mytrah Energy (India) Pvt Ltd, sells power to state grids through 13 to 25 year Power Purchase Agreements. In addition, the Company's 100.5-megawatt (MW) project in Tamil Nadu sells power directly to customers on long-term agreements. The Company is also focused on its multi megawatt, grid-connected solar photo voltaic power projects in the states of Telangana and Punjab.