mahindra-renewables

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Mahindra Renewables to Sell Three Subsidiaries to CLP India for ₹3.4 Billion

Mahindra & Mahindra Limited announced that its subsidiary, Mahindra Renewables Private Limited (MRPL), has agreed to sell its entire stake in three subsidiaries to...

February 24, 2020

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Anjana Parikh

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Finance and M&A

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Solar
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Mahindra Renewables Achieves Financial Closure for 250 MW Project in Rewa Solar Park

Mahindra Renewables, a wholly-owned subsidiary of Mahindra Susten, has achieved financial closure for a 250 MW grid-connected solar photovoltaic (PV) project being...

March 17, 2018

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Saumy Prateek

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Finance and M&A

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Solar
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IFC to Loan $50 Million to Mahindra Renewables

The International Finance Corporation (IFC), a member of the World Bank Group, will provide $50 million (~₹3.2 billion) as senior or IFC-A loan to Mahindra Renewables...

January 10, 2018

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Wendy Prabhu

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Finance and M&A

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Solar
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DEEP DIVE: Intense Competition Drives Solar Tariffs to a New Record Low of Rs.2.62/kWh at Bhadla Phase-IV Solar Park Auction in India

The solar tariff in India breached the Rs.3 (~$0.046)/kWh mark in the recently concluded 250 MW Bhadla Phase-IV Solar Park auction. The winning tariff of Rs.2.62 (~$0....

May 11, 2017

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Raj Prabhu

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Mercom Research Focus

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Other
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Mercom Exclusive: Pent Up Demand for Projects Results in Record Low Bid of Rs.3.15/kWh at the Kadapa Solar Auction in India

The solar tariff in India hit a new low with Solairedirect’s winning bid of Rs.3.15 (~$0.0487)/kWh, which was 4.5 percent lower than the Rs.3.30 (~$0.0494)/kWh...

April 14, 2017

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Raj Prabhu

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Mercom Research Focus

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Other

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