Ostro is a clean energy business with plans to build 1000MW of renewable energy projects by 2019. Actis (www.act.is) has committed to fully fund Ostro’s business plan with a funding commitment of US$280 million thereby ensuring availability of equity for all its projects. Ostro is constructing green field projects but is open to acquiring operating projects that meet its performance standards. Ostro currently has commissioned capacity of 648.1 MW Wind Projects in states of Rajasthan, AP, Karnataka & MP. Currently over 460 MW of Wind & Solar Projects are contracted out & under active construction across Karnataka, Gujarat, Rajasthan & Telengana. Ostro has a robust pipeline of projects under evaluation both in Wind & Solar space as it looks to expand its Solar portfolio in the coming years to add to its growing wind capacity.
Ostro Team is committed to creating value for its investors and stakeholders through developing Best-in-Class Renewable Energy projects. Aided by the experienced technical team of Actis and its worldwide experience in various emerging markets, Ostro Team will aim to deliver world class projects in terms of build quality, operating & financial performance, and environmental, social & safety standards. Ostro has a strong focus on Environment Social Safety and Governance aspects (ESSG) in its business and is committed to follow the highest standards across its operations. Ostro management believes in giving back to the communities it works with and this community engagement will form an integral part of every Ostro project.
Ostro follows best international governance norms and believes in setting high ethical standards. Ostro will adhere to Fair Business Practices whilst dealing with its partners, suppliers and other stakeholders. Ostro has a ‘zero-tolerance’ approach when it comes to dealing with any violations of its standards and policies.
Ostro’s team is its most important asset. Ostro aims to be an employer of choice and will strive to empower & motivate employees to realize their potential. Ostro believes in minimum supervision, maximum delegation and stretch target deliverables. We aim to build a team of professionals that are committed to a sustainably green India.