SUBSCRIBE NEWS LETTER

Mahindra Group

Mahindra Group to Invest Fresh Rs 3000 cr in EV Business

Leading Indian automaker Mahindra & Mahindra Ltd (M&M) has said that the company will invest Rs 3000 crore in the coming three years in the electric vehicle segment where it will combine its capabilities of all the current operations across the world. Managing Director and CEO Anish Shah said that the company has massive investment plans for […]

Read more

Mahindra Group Renewable Arm Looking to Sell Solar Assets Worth 160 MW

Mahindra Susten, the renewable energy arm of the Mahindra group, has initiated the formal process to sell a portion of its solar assets worth a combined 160 MW. The company’s renewable offerings include diversified services within the renewable energy and cleantech space, such as turnkey solar engineering, procurement, and construction (EPC) services, both utility-scale solar […]

Read more

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 […]

Read more

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 […]

Read more

BII To Invest Up To Rs 1925 Cr In Mahindra’s 4-Wheeler Segment

Indian multinational automotive manufacturer Mahindra & Mahindra (M&M) and the British International Investment (BII) have recently inked a pact which will facilitate investment of Rs 1,925 crore each in a wholly owned subsidiary of the home-grown auto major and form a new entity EV Co. As the name suggests, the focus will be on four-wheel […]

Read more

Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten

One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […]

Read more

175 MW Solar Project Commissioned by Mahindra Susten in Bikaner

Adding to the installed capacity of Rajasthan, the state with highest solar irradiance in India, Mahindra Susten has commissioned a portion of its solar project at Kolayat in Bikaner district. Mahindra has commenced the first portion of a 175 MW (AC) out of the total 250 MW solar project. Mahindra has been developing the solar […]

Read more

Tata Group declines to participate in ‘EV Battery’ PLI Scheme

The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll