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HomeMahindra Susten

Mahindra Susten

Companies

Mahindra Susten: Transitioning from the EPC model to the IPP model

May 6, 2025

In an interview with Renewable Watch, Deepak Thakur, Managing Director and CEO, Mahindra Susten, talks about the company’s key developments over the past year, current portfolio and change in business strategy over the years. He […]

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Projects

Swaraj Tractors and Mahindra Susten partner to develop solar group captive project in Punjab

April 3, 2025

Swaraj Tractors, has partnered with Mahindra Susten, to develop a 26 MW solar project in Bathinda district. This initiative, reportedly Punjab’s largest solar group captive project, aims to increase Swaraj Tractors’ renewable energy share to […]

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Projects

Rayzon Solar bags 280 MW solar modules supply order for Mahindra Susten’s PV project

February 7, 2025

Rayzon Solar has secured a contract to manufacture and supply 280 MWp of its Tunnel Oxide Passivated Contact (TOPCon) solar panels for a photovoltaic project by Mahindra Susten. The company’s n-type 16-busbar TOPCon modules are […]

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Financings

Mahindra Susten secures Rs 14.48 billion financing for 560 MW solar projects

December 12, 2024

Mahindra Susten, the clean-tech arm of the Mahindra Group, has successfully secured a rupee term loan of Rs 14.48 billion from HDFC Bank and Axis Bank. This funding will facilitate the construction of its 560 […]

Interviews

Growing Traction: Industry perspective on the solar power sector

May 17, 2024

The Indian renewable energy sector has experienced rapid growth in recent years, driven by the government’s ambitious targets and supportive policies. To understand the perspectives of leading developers and manufacturers on the current state of […]

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Projects

Mahindra Susten signs PPA with GUVNL for 200 MW solar project

August 9, 2023

Mahindra Susten has announced the signing of a purchase power agreement (PPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for a period of 25 years. The company has won 100 MW capacity and an additional […]

Projects

Winners declared for GUVNL’s 500 MW solar auction

April 21, 2023

Gujarat Urja Vikas Nigam’s (GUVNL) auction for 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew, Solarcraft Power, Mahindra Susten, and Avaada Energy. The developers can build projects anywhere in India […]

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Financings

Ontario Teachers’ to purchase 30 per cent stake in Mahindra Susten

September 19, 2022

The Mahindra Group and the Ontario Teachers’ Pension Plan have announced a strategic collaboration to capitalise on India’s growing renewables opportunities and contribute to the country’s carbon reduction goals. The parties have signed binding agreements […]

World View

Legal Regime: Existing contractual framework and impact of GST

January 26, 2017

Electricity being a concurrent subject in India, both Parliament and the state legislative assemblies can legislate on it. Currently, electricity generation and supply are regulated under the Electricity Act, 2003, which aimed to establish a […]

Solar Module Manufacturers in India

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    March 31, 2026
    Etem Gestamp and Rezolv Energy have entered into a 10-year cross border virtual power purchase agreement (VPPA) in Bulgaria. Under …Read More »
  • Rays Power Infra secures 200 MW RTC renewable project

    March 30, 2026
    Rays Power Infra Limited will develop a 200 MW round-the-clock (RTC) renewable energy project for Indian Railways. The project has …Read More »

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