Mytrah Indian Subsidiary Financial Results (Under Indian Gaap) For The Year Ended 31 March 2016
Mytrah, the India-based renewable focused Independent Power Producer, is pleased to announce that its Indian subsidiary, Mytrah Energy (India) Private Limited (“MEIPL”), the non-convertible bonds of which are listed and traded on the BSE Limited (“BSE”), has filed with the BSE its financial results for the twelve months ended 31 March 2016.
Full details of the MEIPL results are available on the Mytrah website (www.mytrah.com) and the BSE website (www.bseindia.com). MEIPL reports under Indian GAAP whereas Mytrah Energy Limited reports under IFRS.
On 13 May 2016, the Company reported that it had made strong operational progress with the commissioning of an additional 210 MW, taking Mytrah’s operating wind portfolio to 826.4 MW, which was 83 MW ahead of the Company’s target for the start of the wind season. Mytrah announces today that the performance of the operating portfolio in the first quarter of CY2016 is in line with market expectations.