mahindra

thumbnail
Mahindra Susten Secures ₹14.48 Billion Financing for 560 MW Solar Projects

Mahindra Susten, the clean-tech arm of the Mahindra Group, has closed a financing deal worth ₹14.48 billion (~$170.6 million) with HDFC Bank and Axis Bank for its 560 MW...

December 11, 2024

/

Gautamee Hazarika

/

Markets & Policy

,

Solar
thumbnail
Electric Vehicle Sales Drop 11% YoY in Q3 2024 with 332,730 Units

Electric vehicle (EV) sales in India reached 332,730 units in the third quarter (Q3) of 2024, a decline of over 11% year-over-year (YoY) against the 372,387...

October 7, 2024

/

Arjun Joshi

/

Electric Vehicles

,

Market & Policy
thumbnail
Mahindra, JSW, Avaada Win NTPC’s 1.5 GW Tranche II Solar Auction

Furies Solren (Mahindra Susten), JSW Neo Energy (JSW Energy), and Avaada Energy have won NTPC’s auction to set up 1,500 MW of interstate transmission system...

March 19, 2024

/

Arjun Joshi

/

Solar

,

Tenders & Auctions
thumbnail
Daily News Wrap-Up: Open Access Solar Surge in Chhattisgarh

Chhattisgarh, which has traditionally relied on coal sources for its energy requirements, has recently seen a surge in solar capacity additions, accounting for about 5%...

January 17, 2024

/

Mercom Staff

/

Daily Wrap-up
thumbnail
Mahindra, Ontario Teachers Launch ₹22.63 Billion Renewable Infra Investment Trust

Mahindra Group and Ontario Teachers’ Pension Plan Board have announced an Infrastructure Investment Trust (InvIT), dubbed Sustainable Energy Infra Trust (SEIT), with an...

January 16, 2024

/

Arshreet Singh

/

Finance and M&A

,

Other

,

Renewable Energy
thumbnail
Daily News Wrap-Up: NHPC’s Auction for 3 GW ISTS-Connected Solar Projects

Solairedirect Energy India (ENGIE), Avaada Energy, Hazel Hybren (Mahindra), Jakson, Sprng Energy, Green Infra Wind Energy (Sembcorp), Apraava Energy, and Hinduja...

November 7, 2023

/

Mercom Staff

/

Daily Wrap-up
thumbnail
ENGIE, Avaada, Jakson and Mahindra Among Winners of NHPC’s 3 GW Solar Auction

Solairedirect Energy India (ENGIE), Avaada Energy, Hazel Hybren (Mahindra), Jakson, Sprng Energy, Green Infra Wind Energy (Sembcorp), Apraava Energy, and Hinduja...

November 6, 2023

/

Satish Shetty

/

Solar

,

Tenders & Auctions
thumbnail
Daily News Wrap-Up: India Generates 30 BU of Solar Energy in Q2 2023

About 30 billion units of solar energy were generated in the second quarter of the calendar year 2023, a 20.8% YoY increase. Solar generation increased 5.5%...

August 8, 2023

/

Satish Shetty

/

Daily Wrap-up
thumbnail
Mahindra to Invest ₹100 Billion to Produce EVs in Maharashtra

Mahindra and Mahindra said that the Maharashtra government has approved its plan to invest ₹100 billion (~$1.2 billion) for an electric vehicle (EV) manufacturing...

December 15, 2022

/

Gourav Mishra

/

Other

,

Renewable Energy
thumbnail
Daily News Wrap-Up: NTPC Commissions 56 MW Kawas Solar Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: NTPC announced the commissioning of the third part capacity of 21 MW out of the 56 MW...

August 17, 2022

/

Satish Shetty

/

Other

,

Renewable Energy
thumbnail
Tech Mahindra to Purchase Power from Fourth Partner’s 5 MW Solar Project

India-based IT services company Tech Mahindra has entered into an agreement to acquire a 26% stake in Huoban Energy 6, a wholly-owned subsidiary of Fourth Partner Energy....

June 9, 2022

/

Gourav Mishra

/

Finance and M&A

,

Solar
thumbnail
DISCOM Asked to Refund Electricity Duty Levied on Renewable Energy Open Access Consumer

The Maharashtra Electricity Regulatory Commission (MERC) has directed the Maharashtra State Electricity Distribution Company (MSEDCL) to provide the credit adjustment...

June 22, 2021

/

Rahul Nair

/

Grid

,

Market & Policy
thumbnail
Daily News Wrap-Up: Hydrogen Market Revenue Is Expected to Surpass $300 Billion by 2027

Here are some noteworthy cleantech announcements of the day from around the world: The global hydrogen market revenue is expected to surpass $300 billion by 2027, as...

April 8, 2021

/

Rahul Nair

/

Other

,

Renewable Energy
thumbnail
Daily News Wrap-Up: Flipkart Ties Up with Mahindra Logistics to Accelerate EV Deployment

Here are some noteworthy cleantech announcements of the day from around the world: Flipkart announced that it has partnered with Mahindra Logistics Limited, one of its...

April 7, 2021

/

Rahul Nair

/

Other

,

Renewable Energy
thumbnail
Mahindra Renewables Terminates Sale of its Subsidiary to CLP India

Mahindra Renewables Private Limited (MRPL) has terminated the sale of its subsidiary Neo Solren Private Limited (NSPL) to Gujarat-based CLP India Private limited (CLP...

September 15, 2020

/

Rahul Nair

/

Markets & Policy

,

Solar

1

2

...

2