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Mytrah Energy EVP has bright outlook for solar business

Mytrah Energy’s (LON:MYT) executive vice president, Bob Smith, explains how the company’s move into solar energy will provide useful diversification for the business.

Earlier this month, the company said it has participated in a number of state solar power bids, most recently in Telangana, where it bid for 350 megawatts (MW).

“We’ve got a very strong indication now that a substantial portion of that will be awarded to us,” said Smith. “It’s a great diversification opportunity to add to our wind turbine business.”

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AIM:MYT
Market: AIM
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Capital Network's Stacey: 2017 is the year Mytrah Energy will unlock value

Ed Stacey, analyst at Capital Network discusses the performance, outlook and valuation of India-based renewable energy company  Mytrah Energy. He believes 2017 is the year Mytrah Energy will start becoming more profitable and unlock further value for investors.

on 01/25/2017

2 min read