Mytrah Energy Ltd (LON:MYT)

Mytrah Energy Ltd (LON:MYT)


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Mytrah Energy Ltd

Mytrah is a market disruptor in the clean energy sector. It is driven to make wind energy the most accessible source of power for India.

Mytrah is traded in the NEX Exchange HERE

EPIC: MYT
Market: AIM:MYT
Sector: Energy
Website: www.mytrah.com
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Mytrah Energy Ltd Snapshot

Mytrah Group is focused on delivering sustainable energy in a world without subsidies. The group is privately owned and takes a long-term view of business, guided by strong corporate values and high ethical standards.

Mytrah has an international management team with worldwide financial and operations experience. This team leads an organisation of over 400 people, including some of the world's most experienced wind energy professionals in the areas of wind resource assessment, land acquisition, engineering, procurement and construction (EPC), commercial analysis, vendor framework, grid analysis, operations and maintenance, and financing.

Mytrah has built 2000 MW of operational & under development power capacity in the Renewable Energy sector. These assets are spread across 15 wind farms in nine states—Rajasthan, Gujarat, Madhya Pradesh, Maharashtra, Andhra Pradesh, Telangana, Karnataka, Punjab and Tamil Nadu.

Mytrah sells power mainly to state grids through 13 to 25 year Power Purchase Agreements. In addition, our 100.5 MW project in Tamil Nadu sells power directly to Industrial consumers on short-term agreements.

Mytrah Energy (India) Pvt Ltd has the largest wind data bank in India, being the only independent power producer that has 200 wind masts across the country.

OVERVIEW


Mytrah aims at owning and operating 3500 MW of renewable power in India. It currently has the largest wind data bank in the country.

SOLAR ENERGY

Mytrah Energy is one of India’s largest Independent Power Producers with a well-diversified renewable energy portfolio. The company has 1 GW of operational wind assets & a pipeline of over 500 MW of solar projects spread across India.

Mytrah’s market knowledge, domain expertise, access to international capital and extensive relationships with vendors & lenders has enabled it to build & hold a strong foothold in the high-value, rapidly growing Indian energy market. As a Smart Utility company, Mytrah leverages its robust end-to-end capabilities in generating renewable energy for its projects in India.

For more information please click here 

WIND ENERGY

Over the next 30 years, as the world's population rises and as emerging economies improve their living standards, the global demand for energy is expected to grow by a massive 40%. Most power is produced from conventional energy sources, such as coal, oil and gas, with coal being the largest contributor.

While there is a dramatic increase in the demand for energy, fossil-based resources such as coal, oil and natural gas are depleting. At the same time, global warming due to carbon emissions is a growing concern. A feasible solution to these growing concerns is to harness the power of wind, which is the most sustainable, available and by far the cleanest source of energy.

For more information please click here 

GLOBAL SERVICES

Wind energy demands nothing less than cutting-edge solutions, expert professionals and extensive knowledge. And we, at Mytrah Global Services, provide it all with a human touch and a spirit of collaboration.

Our end-to-end services cover all of your wind farm needs–from identifying the right site to energy production to overall analytics. These offerings are built on a solid foundation of experienced personnel and state-of-the-art technology, made stronger by the fact that we work with you at every stage.

Our track record of 1000+ MW of optimal wind farms says it all. Partner with us today.

 

Please click here for the leadership 

Substantial shareholders

On 20 September 2017, the substantial shareholders of the company holding 3% or more of the 163,636,000 Ordinary Shares in issue were identified as follows:

94,751,030

The Raksha Trust*

57.9%

10,418,700

Capital Research Global Investors

6.4%

5,450,000

Premier Asset Managers

3.3%

 

24,000,000

Esrano Overseas Ltd

14.7%

*The Raksha Trust is a Jersey-based discretionary trust settled by Ravi Kailas, the Chairman and CEO of Mytrah Energy Limited, of which he and some of his family members and also a philanthropic trust are discretionary beneficiaries.

 

 

Mytrah Energy Limited

Ground Floor, Dorey Court

Admiral Park, St. Peter Port,

Guernsey GY1 2HT

London

United Kingdom.

Mytrah Energy India Private Ltd.

8001, 8th Floor, Q-City,

Nanakramguda, Gachibowli

Hyderabad 500032,

Telangana

India

+91 40 3376 0100

[email protected]


Media Enquiries
Corporate Communications

Mytrah Energy India Private Ltd.

8001, Q-City, S.No:109,

Gachibowli,

Hyderabad- 500 032, India.

+91 40 33760 100

[email protected]

ADVISERS
Nominated Advisor:
Investec Bank plc
2 Gresham Street, London
EC2V7QP
United Kingdom


Joint Brokers:
Mirabaud Securities LLP
33 Grosvenor Place, London SW1X ,7HY
United Kingdom


Investec Bank plc
2 Gresham Street, London
EC2V7QP
United Kingdom


Auditors and Reporting Accountants:
KPMG Audit LLC
Heritage Court, 41 Athol Street,
Douglas, IM99 1HN
Isle of Man


Legal Counsel to the Company as to Guernsey Law:
Carey Olsen
P.O. Box 98, Carey House, Les
Banques, St. Peter Port, Guernsey GY1
4BZ
Channel Islands


Legal Counsel to the Company as to Indian Law:
Dua Associates
202-206, Tolstoy, House, 15, Tolstoy
Marg, New Delhi 110001
India

Legal Counsel to the Company as to Mauritian Law:
Applebys
Applebys
Level 8 Medine Mews, Le Chaussée
Street, Port Louis
Mauritius


Financial / Public relations:
Yellow Jersey PR
1st Floor, 30 Stamford Street
London
SE1 9LQ

Mytrah Energy Ltd Timeline

Newswire
October 16 2017

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