Indian Energy currently operates two wind farm projects. The Gadag Plains project with a generating capacity of 24.8 MW is fully operational. The Theni project has recently been fully commissioned and has a generating capacity of 16.5 MW.
The medium term strategic aim of Indian Energy is to have 300 MW of annual generating capacity by the end of the 2012/13 financial year. To achieve this, Indian Energy intends to acquire operational assets and projects at an advanced stage of their development where key permits have been obtained and land secured. When acquiring projects in development it intends to focus on those where the period from acquisition to the commencement of generation is kept to a period of 12 to 18 months. As a result, the Directors believe Indian Energy will have greater control over the timing of the implementation of projects and that management will be able to focus on the efficiency of those plants and obtaining commercial and financial benefits of scale as the portfolio of assets grows.