TIDMMYT

RNS Number : 9861M

Mytrah Energy Ltd

20 October 2016

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

Mytrah Energy Limited

("Mytrah" or the "Company")

Mytrah Energy Reaches One Gigawatt Milestone

Mytrah, the India-based renewable focused Independent Power Producer, is pleased to announce the installation of additional capacity at its Aspari project in Andhra Pradesh, taking its total wind portfolio energy capacity to 1000 MW (1 gigawatt).

Commenting on Mytrah's performance, Ravi Kailas, Chairman, said:

"In just six years Mytrah has covered an extraordinary distance and today marks the significant milestone achievement of one gigawatt of wind energy capacity. It gives me enormous pride to have reached this juncture after tireless work, preparation, planning and execution by everyone associated with Mytrah. I would like to again thank all the staff, shareholders, vendors and bankers associated with Mytrah for their continued support in delivering this milestone."

For further information please visit www.mytrah.com or contact:

 
 Mytrah Energy Limited                  +44 (0)20 3402 
  Ravi Kailas / Bob Smith                5790 
 Investec Bank plc                      +44 (0)20 7597 
  Chris Sim / Jeremy Ellis               4000 
 Mirabaud Securities LLP                 +44 (0)20 7878 
  Peter Krens / Rory Scott                3360 
 
 Yellow Jersey PR Limited 
  Charles Goodwin / Dominic Barretto     +44 (0)7747 
  / Josh Cole                             788 221

About Mytrah Energy Limited

Mytrah Energy Limited (AIM: MYT) is one of the largest Independent Power Producers ('IPP') in renewable energy in India, with a portfolio of wind power generation assets across 15 projects and 8 states. The Company has more than 200 wind masts installed across multiple states in India, providing a pool of information from which to select its future projects. Mytrah currently has an active development pipeline of about 3000 MW of wind and 500 MW of solar.

This information is provided by RNS

The company news service from the London Stock Exchange

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