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Greenko Completes 15-Megawatt Wind Farm in Mangalore

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.

To contact the reporter on this story: Natalie Obiko Pearson in New Delhi at npearson7@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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