mahindra-susten

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Onward Solar, Mahindra and Avaada Among Winners of NHPC’s 1.2 GW Solar Auction

Onward Solar Power, Jevargi Solar (Rays Infra), Essar Renewables, Mahindra Susten, and Avaada Energy have won NHPC’s auction to develop 1.2 GW interstate...

September 10, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Mahindra Susten to Develop 150 MW Open Access Renewable Power Project

Solar engineering, procurement, and construction company Mahindra Susten, in collaboration with the Ontario Teachers’ Pension Plan Board, said it will develop a...

April 15, 2024

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Arjun Joshi

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Large Scale

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Solar

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Wind
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Ontario Teachers’ Pension Fund Acquires 30% Stake in Mahindra Susten, Plans InvIT

Global investor Ontario Teachers’ Pension Plan will acquire a 30% equity stake in Mahindra Susten, a cleantech arm of Mahindra Group, for an equity value of ₹23.71...

September 19, 2022

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Vijayalakshmi Sridhar

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Finance and M&A

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Other

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Renewable Energy
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Daily News Wrap-Up: SECI Annuls Tender for a 5 MW Solar Project in Tuticorin

Here are some noteworthy cleantech announcements of the day from around the world: Solar Energy Corporation of India (SECI) announced the annulment of the tender it had...

May 27, 2022

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Satish Shetty

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Other

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Renewable Energy
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Mahindra Susten’s 175 MW Solar Project Uses Bifacial Modules by LONGi and Jinko

Mahindra Susten, the solar engineering, procurement, and construction (EPC) arm of Mahindra Group, has commissioned a 175 MW solar project in Kolayat in the Bikaner...

May 24, 2022

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Arjun Joshi

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Solar

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Utility Scale
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Mahindra Susten, Vikram Solar, BELECTRIC – Top Solar EPC Companies in 1H 2021

Mahindra Susten, Vikram Solar, and BELECTRIC were the top utility-scale solar engineering, procurement, and construction (EPC) service providing companies in the first...

November 29, 2021

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Harsh Shukla

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Mercom Research Focus

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Other
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CERC Approves Tariff of ₹2.54/kWh to Procure 100 MW of Solar Power from SECI

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.54 (~$0.035)/kWh as requested by Tata Power Delhi Distribution Limited (TPDDL) to...

March 4, 2020

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Rakesh Ranjan

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Markets & Policy

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Solar
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Heavy Rains Wreak Havoc in Madhya Pradesh, Damage a 250 MW Solar Project

The onslaught of monsoon and severe weather has caused significant damage to a 250 MW solar PV project in Madhya Pradesh. Heavy rainfall and lightning accompanied by...

July 11, 2019

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Soumik Dutta

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Markets & Policy

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Solar
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Mitsui to Acquire 49% Stake in Mahindra Group’s Cleantech Arm

Japanese trading and investment company Mitsui & CO Limited (Mitsui) has announced that it has entered into an agreement with Indian engineering, procurement, and...

June 5, 2019

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shaurya

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Finance and M&A

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Solar
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Sprng Energy Commissions 250 MW of Solar Projects at Madhya Pradesh’s Rewa Solar Park

Sprng Energy Private Limited, the renewable energy platform of Actis Private Equity Funds, has announced the commissioning of its first renewable energy project in India....

May 21, 2019

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Soumik Dutta

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Markets & Policy

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Solar
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Sterling and Wilson Emerges as India’s Leading Solar EPC Player in 2017

Based on project capacity commissioned in 2017, Sterling and Wilson has emerged as the leading solar engineering procurement construction (EPC) developer in the country....

June 22, 2018

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Sampath Krishna

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Markets & Policy

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Solar
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NLC India Scraps 20 MW Solar With Battery Energy Storage System Auction

Neyvveli Lignite Corporation (NLC) India has scrapped the auction of 20 MW solar with battery energy storage system (BESS) that was conducted by it in October 2017. When...

February 16, 2018

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Saumy Prateek

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Energy Storage

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Tenders & Auctions
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The Four-Tier REWA Payment Security Model Responsible for Low Bids

The Rewa solar park auction heralded the dawn of falling solar tariffs in India with a low levelized bid of ₹3.30/kWh. There are two major reasons for such low tariffs...

October 4, 2017

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Saumy Prateek

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Markets & Policy

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Solar

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