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India has the potential to add 200,000
megawatts of wind power over the next 30 years and supply power
at a price equal to or lower than that produced by coal.
We recognized that there was a transition
going to happen in this industry.
We started in 2010 with no employees, no capital
and no assets on the ground.
We are very, very careful about every action we take and the impact
it has on our stakeholders.
The combination of the entrepreneurial spirt and the
dedication to excellent corporate governance.
When people believe in something, people believe it is going to succeed, and people believe
that they are a part of something that is
bigger than what one person can do. It's the team effort.
That's Mytrah.
The issue at hand that we were trying to address was that there is an incredible power deficit in India
and the current path on which the generation was moving was
largely based on coal.
When we were considering what
power business we should get into,
we kept three filters. One is impact,
the second is potential
and the third is cost.
So we wanted to build a business that had the
least impact on the environment,
and that was generating inexpensive power
and also that had potential for us to grow and scale it.
Mytrah is part of a
London based group building a global renewables business
across India, Europe and the Americas.
From a standing start in 2010,
we are now one of the fastest growing
renewables companies in the world.
At Mytrah our goal is to create
and to be
an Inspiring Solution.