Mythos Wind Park Mythos Wind Power Generating Facility is located in Southern part of India. The project site is accessible by air, rail and well connected by sealed roads. The 5.7 Mw Capacity project is built on private lands and is operating at an annual Plant Load Factor of 32%. Power from the windpark is sold through a 20 year Power Purchase Agreement to the State Utility. The company has initiated the process of obtaining necessary approvals for re-arranging the Power Purchase Agreement and thereby enabling the Company to improve the return on investment.

The park is built with Vestas V47/600 wind turbine technology. In January 2010, action has been initiated to expand the present operating farm capacity to 15Mw. Developmental plans have been submitted for construction permits and other statutory approvals.

Construction for the plant is expected to begin in June 2010 and the plant is expected to go online by March 2011. The expanded capacity of the wind park may be eligible for Generation Based Incentive offered by the federal government. Papers to claim Generation Based Incentive are under process by the company. The expanded farm will generate a revenue of US$2.9 and would have cost 19.40 Million US$. The expansion of the farm is funded by a mixture of equity and debt financing.

Lake View WindPark facility is in an advanced stage of construction at the windy Aiyakudi region. The initial wind farm capacity would be 15MW with an option to expand by another 9 MW in the same location. This region has been identified as one of the best windy locations in the country and has the good transport and power evacuation facility. The plant is being built on private lands with 10 machines of Leitwind, each with a capacity of 1.5 MW. Leitwind is part of Leitner Technologies group, a name which has been a synonym for high performance technology since 1888.

Leitwind machines are variable speed, variable pitch - permanent magnet generators with low cut in wind speed and high energy outputs. The LW77 machines have low operating stress, hence longer operating life, low maintenance and better return on investment.

The maintenance of the machines have been contracted out on long term basis to the manufacturer. This is being done to secure lower operating cost, high machine availability and reduced capital risk. Necessary approvals / permits for construction and utility interface is already in place and a long term power purchase agreement for sale of power generated by this facility is under negotiations. The plant is expected to go online by June 2010. The park is expected to generate 36 - 39 Million units of electrical energy in a year which translates to 27 - 29% PLF. The project is funded by a combination of equity and debt, from leading institutions. The expected annual revenue form the project would be US$ 3.3 Million, the capital cost of the project has been estimated at US$ 20.01 Million.

Ismial Point WindPark Ismail Point WindPark facility is planned to be located in the Mangalapuram wind regime, the plant would have an initial capacity of 18MW. This site is close to the existing Mythos wind park, the wind patterns have been analysed and studied by the company.

The plant is planned to be built on private lands with 10 machines of Leitwind LW80, each with a capacity of 1.8 MW. EPC contract with manufacturer is under discussion, the EPC contract would include long term operations and maintenance arrangement.Leitwind is part of Leitner Technologies group, a name which has been a synonym for high performance technology of since 1888.

Necessary permissions for construction and utility interface have been applied for by the company. Financial closure for the farm is expected to be completed before June 2010. The plant is expected to go live by last Quarter of 2010 and is expected to generate 42 - 43 Million units of electrical energy in a year.The project is proposed to be funded by a combination of equity and debt from major renewable financing institutions. The expected annual revenue form the project would be US$ 3.47 Million, the capital cost of the project has been estimated at US$ 24.81 Million.