Karma Energy Limited approved complete closure of activities of its Wind farm site at Anantpur District, Andhra Pradesh and permanently cease the power generation operations at the said undertaking with effect from close of business hours of 05th October, 2023 in view of the wind electric generators having worked much beyond its operating life. Necessary steps shall be taken for disposal of plant and machinery and surrender of land. Reasons for closure.

The wind mills are in operation beyond its technical life and is risky to continue operation. Further operation of the wind farm has become uneconomical with very low tariff being offered by the State Utility post its technical life and PPA of 20 years since the commissioning date.