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Construction : Deals | July 2014 | Source : Construction Update

Atrias Power projects gets funding from GE Energy Financial Services

GE Energy Financial has acquired equity stake with an undisclosed investment for three wind power projects which is being developed by Atria Power Ltd. The three wind farms, including one in Andhra Pradesh (AP) and two in Madhya Pradesh (MP) will have a combined capacity of 126.5 MW is part of GE's commitment to invest US$ 1 billion in renewable energy projects globally. Project Details: The targets is a 25.6 MW project is expected to reach commercial operations by September which is located in the Ananthapur district of Andhra Pradesh. Another two projects located in Betuk district of Madhya Pradesh (MP), have a capacity of 50 MW each and are expected to reach commercial operations by December 2014 and June 2015 respectively.
 
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