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caparo

June 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • MYT
  • Price:
  • 70.5p
As it continues with its aim to be India’s largest wind energy provider, Mytrah Energy has announced it has 224 MW of wind assets turning in the ground and generating electricity, up four-fold from the 52MW it had when we mentioned the company in September (when it was known as Caparo Energy). There is a further 113MW of capacity, which will also be completed over the next two months to take capacity to 337MW. That is great progress but is slightly behind the 500MW that Mytrah had originally hoped would be in place in June, although it is working to the company’s favour as it can now locate new sites in states that have increased their energy tariffs.As we said in September, the company is financed for 700MW when it wo ...

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Caparo Energy - Rolling out Indian wind farm at a supercharged rate (September 2011)

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