Mahindra Group

Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE

The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […]

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Mahindra Launches New Electric 3-Wheeler with Starting Price at Rs 3.60 Lakh

Zor Grand, an entirely new electric three-wheeler from Mahindra Electric Mobility Limited (MEML), a member of the Mahindra Group, has been introduced recently. The vehicle’s starting price is Rs 3.60 lakh, ex-showroom Bengaluru. The innovative Li-ion battery technology used in the Zor Grand electric three-wheeler ensures a charging period of fewer than four hours and […]

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Deepak Thakur Is New MD & CEO, Mahindra Susten

Mahindra Susten, the cleantech arm of the Mahindra Group has welcomed Deepak Thakur as the new MD &CEO, effective August 16, 2022. Thakur will oversee the renewables businesses, comprising Mahindra Solarize and Mahindra TEQO apart from Mahindra Susten. He will be directly reporting to Dr. Anish Shah, Managing Director & CEO of Mahindra Group. Prior […]

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Hero Electric, M&M Partner for EV Production, Platform Development

Hero Electric on Wednesday said it has partnered with the Mahindra Group for electric vehicle mobility. As part of the collaboration, Mahindra Group will manufacture Hero Electric’s Optima and NYX electric models at its Pithampur plant. With this partnership along with the expansion of their existing Ludhiana facility, Hero Electric will be able to meet […]

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Mahindra Electric Mobility Launches Passenger e-3W ‘Treo’ in Maharashtra

Mahindra Group’s electric vehicle arm Mahindra Electric Mobility on Thursday launched its passenger electric three-wheeler “Treo” in Maharashtra, priced at Rs 2.09 Lakh (ex-showroom, Mumbai). The prices include post-FAME-II, state and early-bird subsidies, according to the company. Mahindra Treo commanding a 67 percent market share in the electric three-wheeler space, the company said. According to […]

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Mahindra Launches Asset Care Company ‘TEQO’ for RE Industry

This newly formed company will provide optimization solutions for renewable energy customers both in India and abroad. The word TEQO is derived from Technology, Quality and Operations. With an aim to accomplish its aspiration to deliver a comprehensive, technology-enabled, asset management solution, Mahindra Partners has launched a technology driven asset care company TEQO. This newly […]

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Mahindra Group Organizes Meet on India’s Ambition on Climate Change

The event had a panel discussion with Dr Ajay Mathur, Director General, The Energy Research Institute (TERI), Dr Arunabha Ghosh, Chief Executive Officer, Council on Energy, Environment & Water (CEEW) and moderated by Anirban Ghosh, Chief Sustainability Officer, Mahindra Group. Stepping up ambition on the climate related actions being taken by India, Mahindra group organized […]

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Viz-A-Viz with Basant Jain, Chief Executive Officer, Mahindra Susten

Q. Being a major player in the solar space, how do you contribute towards India’s clean and green energy initiative? Mahindra Susten (Part of USD 20.7 Billion Mahindra group) is a leading player in the Cleantech space. It is amongst India’s top 2 companies providing turnkey EPC solutions for grid connected solar projects and has […]

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Hanwha Q Cells to ship 141MW of Solar Modules to Mahindra Group

Hanwha Q Cells has announced that it has signed an agreement with Mahindra Susten Pvt. Ltd. to supply 141 megawatt solar photovoltaic module. Hanwha Q Cells will ship HSL72 modules, which are produced in company’s production facility in China to the newly established renewable energy arm of the India’s sixth largest conglomerate Mahindra Group. The […]

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