Energy sector projects by Ostro Energy Pvt Ltd in Ramagiri
Project Information
7036
Ostro Energy Pvt Ltd
Ostro Energy Private Limited, a renewable energy platform backed by PE firm Actis, plans to implement projects worth $425 million in Andhra Pradesh.
The company will set up two wind farms with a total capacity of 197.4 megawatt (MW) through its two subsidiaries — Ostro Andhra Wind Private Limited and Ostro AP Wind Private Limited. The investment will also be backed by International Finance Corporation (IFC).
The estimated cost of the project is likely to be around $246 million. The proposed IFC investment consists of an IFC 'A' Loan of up to Rs 400 crore (around $62 million) and mobilisation of up to Rs 800 crore (around $123 million), according to IFC's disclosure.
Project Value
INR 42.50 Crore /-
Planning
Ramagiri
Andhra Pradesh
India
Energy
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