Mytrah Energy has signed a development pact covering 1GW of wind power and the same again of solar in the Indian state of Andhra Pradesh.

London-listed Mytrah and local officials signed a memorandum of understanding (MoU) covering potential developments worth 130bn rupees ($1.93bn) at an investment summit held in the state.

Mytrah wants to complete the projects within three years of securing consents, it said.