Swaraj Tractors, Mahindra To Build Punjab’s Largest Solar Captive Project Updated On Wed, Apr 2nd, 2025 by Saurenergy Swaraj Tractors, a division of Mahindra Group, has partnered with Mahindra Susten, the Group’s clean-tech arm, to develop Punjab’s largest solar group captive project—a 26-megawatt (MW) solar installation in Bathinda district. The project, developed by Mahindra Susten, will supply renewable energy to four Swaraj Tractors manufacturing facilities in Mohali and Dera Bassi. It is expected […] Read more
NHPC Discovers A Tariff Of Rs 3.41/kwh For 1.2 GW Hybrid Project Updated On Tue, Mar 11th, 2025 by Saurenergy Adani Green, Sprng Vayu Vidyut (Sprng Energy), Illuminate Hybrid (Mahindra Susten), and Avaada Energy have secured NHPC’s 1.2 GW wind-solar hybrid tender. NHPC had initiated the tender process to identify renewable energy developers for hybrid projects, strengthening its green portfolio. The tender was issued in January, and results were announced within two months. NHPC awarded […] Read more
Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […] Read more
NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit Updated On Tue, Sep 10th, 2024 by Saurenergy NHPC Limited recently concluded the auctions for its 1.2 GW solar tender, announcing six winners for the project. These winners are Onward Solar, Rays Power Infra Limited, Essar Renewables, Mahindra Susten, and Avaada Group. The allocated capacities are as follows: Onward Solar was allocated 50 MW at Rs. 2.56 per unit, while Jevargi Solar (Rays […] Read more
Waaree Energies Secures 280 MW Order From Mahindra Susten Updated On Thu, Jun 20th, 2024 by Saurenergy Waaree Energies Limited, an Indian solar PV module manufacturer with an aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), signed an agreement with Mahindra Susten. This agreement with renewable independent power producer (IPP), was undertaken to supply 280 MW (DC) of advanced solar modules in Bikaner, Rajasthan. The contract […] Read more
Mahindra Susten Enters Hybrid RE Segment With 150MW Projects Updated On Mon, Apr 15th, 2024 by Saurenergy Mahindra Susten recently announced its plan to develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group and one of the renewable Independent Power Producers (IPP), with global investor Ontario Teachers’ Pension Plan […] Read more
Waaree Energies Signs Pact To Supply 280 MW Solar Modules To Mahindra Susten Updated On Tue, Feb 27th, 2024 by Saurenergy Solar PV module manufacturers Waaree Energies Limited announced that it has agreed with Mahindra Susten a renewable independent power producer player for the provision of 280 MW of solar modules. According to the press release, Waaree Energies Limited will supply 280 MW of AHNAY Series, Bi-55 545Wp modules to Mahindra Susten. Module delivery is expected […] Read more
Mahindra Susten Gets ‘Water Positive’ Certification Updated On Thu, Jan 11th, 2024 by Saurenergy Mahindra Susten, a renewable Independent Power Producer (IPP) with in-house expertise in engineering, procurement, and construction (EPC), announced that it has been awarded the ‘Water Positive Verification’ certificate for its 100% operating portfolio for the assessment year FY23. The accreditation, granted by certification authority TUV India (TÜV NORD GROUP), recognized Susten’s commitment towards planet-positive initiatives and […] Read more
Mahindra Susten Signs PPA with GUVNL at INR 2.7250 INR / KWh for 200 MW Solar Project Updated On Wed, Aug 9th, 2023 by Saurenergy Mahindra Susten has entered into a Power Purchase Agreement (PPA) with GUVNL (Gujarat Urja Vikas Nigam Limited). The tender was issued by GUVNL for 500 MW Phase XIX ISTS project, while Mahindra Susten won project size of 100 MW with 100 MW greenshoe capacity. The total capacity won by the firm is 200 MW. The […] Read more
