Greenko Starts 45 Million-Euro Wind Farm in Southwest India

Greenko Group Plc, an Indian clean-energy developer, started a 45 million-euro ($61 million) wind farm in Karnataka, southwest India.

The facility, the second phase of its Basvanbagewadi wind farm, has total installed capacity of about 50 megawatts, taking the output potential of the site to 131.2 megawatts, Hyderabad-based Greenko said today in an e-mailed statement.

The power will be sold directly to “leading global technology companies and commercial customers” under a 10-year agreement, it said. Greenko now has 611 megawatts of operational clean-energy projects, it said.

Before it's here, it's on the Bloomberg Terminal.