Project Description
The Project involves development of two wind farms with a combined capacity of 197.4 MW in the state of Andhra Pradesh in India by Ostro Energy Private Limited (“Ostro” or the “Sponsor”) through its two wholly owned subsidiaries, Ostro Andhra Wind Private Limited and Ostro AP Wind Private Limited (the “Companies”). Ostro has about 76MW capacity under operation in the state of Rajasthan and 325MW of projects under construction in Rajasthan, Madhya Pradesh and Andhra Pradesh.
The Companies plan to enter into a turnkey contract with Suzlon Energy Limited (“Suzlon”) for acquisition of land, supply of wind turbine generators, Erection and Commissioning for the Project.
The off taker for the Project will be Southern Power Distribution Company of Andhra Pradesh Limited, a state owned utility.