March 6 (Bloomberg) -- Greenko Group Plc, an Indian green-power developer backed by Singapore’s sovereign wealth fund, completed a 15-megawatt wind farm in southern Karnataka state.
The 13 million-euro ($18 million) project in Mangalore will sell its output directly to a commercial customer in Bangalore under a 10-year contract, the Hyderabad-based developer said in a statement. It used 1.5-megawatt ReGen Powertech Pvt. turbines.
Greenko, now with a capacity of 561 megawatts, expects to reach 700 megawatts by mid-2014, according to the statement.
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