Mytrah said it is also in “advanced stages of negotiations” with its Indian compatriot over a further 100MW.

London-listed Mytrah announced revenue of $27.4m for the six months to 30 June, a 70% increase on the first half figure for 2012.

Earnings before interest, tax, depreciation and amortisation (Ebitda) grew by 81% to $24.5m, with an Ebitda margin of 88%, while net profit was $3.9m,