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Substantial pipeline of opportunity ahead of Mytrah Energy

Bob Smith, Executive Vice President of Mytrah Energy Ltd (LON:MYT), says the India-focused renewable energy utility now has “a fantastic execution capability.”

With a near term target of reaching 1000Mw by the middle of next year, Mytrah’s installed capacity is 826Mw which is 83Mw more than the scheduled target, and one which Smith expects will grow substantially.

The company’s strategy is to build multiple projects simultaneously to develop what Smith describes as “a portfolio of opportunity” which has assisted the 50% growth in capacity in just 12 months. “We can pick and choose from which are the most likely to be successful and what you can see now is the success of that strategy.”

Quick facts: Mytrah Energy Ltd

Price: 0 0

AIM:MYT
Market: AIM
Market Cap: £0.00
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Watch

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