Mahindra Susten has achieved financial closure for its 150.80 MW hybrid renewable energy project in Maharashtra. The project is being developed under a group captive off-take arrangement. The financial closure follows the signing of a […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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