GE to invest $31 million in Mytrah’s wind-power project in India

By Michelle Froese India-based Mytrah Vayu is on track to reach 1000 MW of operating wind energy capacity by mid-2017, thanks to a recent investment by GE Energy Financial.
GE Energy Financial Services announced it will invest $31 million in Mytrah Vayu Private Limited to support development of 200-MW wind energy project in Andhra Pradesh. This is the company’s fourth renewable investment in India.
GE Energy Financial Services entered the Indian market in 2011, when it made an equity investment in a 500 MW wind project owned by Greenko Energy Holdings. GE is also investigating energy storage options for the country.
MVTPL, which is a 99.99

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