Greenko's strategy is to create a well-diversified power portfolio which is diversified both technologically and geographically, has no fuel dependency and is at grid parity. We generate electricity from a variety of clean technologies, broadly spread across India's different geographies. Our intention is to work in those States that offer a good renewable resource, as well as a supportive economic and regulatory environment for renewable energy. As such, we are increasingly developing clusters of projects, as this builds on our local knowledge and goodwill, ensures faster implementation, better operational management and more robust resource data. This approach means we mitigate risk, secure multiple revenue streams and are positioned to lock-in the most attractive new opportunities.
Greenko's diversified portfolio of clean energy power projects, both operating and under active development, is an attractive and sustainable class of long term assets for the Indian market. The grid parity achievement of the Group's wind and hydro portfolio, coupled with India's growing inefficiency to deliver cost-effective power from fossil fuel sources, means that Greenko is well positioned to provide financially attractive, sustainable long term returns.