Greenko in Sikkim Hydro Project

18 December 2009

Co-founder and chief executive Anil Chalamalasetty said: "This has been an important period for Greenko.

"We have continued to grow the pipeline of assets under development and successfully negotiated significant increases in the tariffs of our operational plants.

"We believe that developments including the commissioning of AMR (24.75 MW) and Rithwik (24.75 MW) hydro assets, enhanced banking facilities, strategic investment from GEMF II and the acquisition of Sikkim 96 MW hydro project, will position the company as a leading IPP and clean utility producer in India and help achieve our target of 1,000 MW of secured capacity by the end of Financial Year 2014."