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Ostro Energy's AP New Wind Power Project

  10-Mar-2016
   
 

Ostro Energy is setting up a 197.4 MW Wind Power project in Ramagiri, Kambadur and Kanaganapalli mandal of Anantpur district of Andhra Pradesh. The project will be developed by two Special Purpose Vehicles (SPVs) namely Ostro A.P Wind Private Limited of 98.7 MW and Ostro Andhra Wind Private Limited of 98.7 MW. The project involves procurement, erection, testing, commissioning, operation and maintenance of 94 wind turbines, with a unit generating capacity of 2.1MW each to be supplied by Suzlon Energy. The construction phase is expected to be 12 months. It will be a phased construction with full commissioning expected in/February-March 2017. As of February 2016, the company is in the process of getting a term loan from IFC for the project.

 
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