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Brookfield, CPPIB, NIIF in race to buy Mahindra’s 600MW solar assets

By : Sustainability ..., Oct 19, 2020

Brookfield, Canada Pension Plan Investment Board (CPPIB), National Investment and Infrastructure Fund (NIIF) and Edelweiss Yield Plus Infrastructure Fund are among half a dozen investors in...

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Mahindra Susten to install Bangladesh’s largest solar rooftop

By : Sustainability ..., Mar 18, 2020

The renewables unit of Mumbai conglomerate Mahindra Group will carry out its first solar project in Bangladesh by providing engineering, procurement and construction services on the country’s largest solar rooftop. Mahindra Susten will construct the 3.1 MW project being...

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CLP India may buy Mahindra Susten’s 160 mw solar assets by February-end

By : Sustainability ..., Jan 15, 2020

CLP India, an independent power producer, is in advance discussions with Mahindra Susten to acquire 160 mw of its operational solar energy assets as part of its strategy to grow the renewable portfolio. The deal is likely to close by February-end, two sources close to the...

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Mahindra in final lap to sell solar portfolio

By : Sustainability ..., Nov 22, 2019

Mahindra Susten, the renewable business arm of Mahindra group, has got binding offers from CLP India and the Piramal Group for its 160 megawatts (MW) solar assets, said two people aware of the development, requesting anonymity. “Both parties have completed due diligence of...

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CLP India, Piramal look to buy Mahindra Susten’s solar assets

By : Sustainability ..., Aug 1, 2019

Mahindra Susten, the renewable business arm of Mahindra group, which is in the process of selling 160 megawatts (MW) of solar assets, has received interest from two potential buyers, CLP India...

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Latest 1.2 GW solar capacity awarded at Rs 2.54/kWh

By : Sustainability ..., Jun 14, 2019

The latest 1.2 GW solar auction conducted by Solar Energy Corporation of India (SECI) saw lowest winning tariffs (Rs 2.54/kWh) approaching the same level as in February auction (Rs 2.55/kWh)....

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Solar tariffs increase marginally in SECI auction

By : Sustainability ..., Jun 13, 2019

Tariffs rose marginally from February in an auction by Solar Energy Corporation of India (SECI) on Wednesday for 1200MW of projects. SECI is the renewable energy ministry's nodal agency...

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Mahindra Susten and Mitsui to co-invest in distributed solar power projects in India

By : Sustainability ..., Jun 4, 2019

Mahindra Susten, a leading player in the Indian solar energy sector, has entered into a partnership with Mitsui & Co., of Japan to jointly develop and operate distributed solar power...

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Magenta Power and Mahindra Susten partner to offer customised rooftop solar solutions

By : Sustainability ..., Feb 19, 2019

Under the partnership, Magenta Power and Mahindra Susten will provide diversified services within the renewable energy space in India. The duo aims to conceptualize solutions most suitable for the Indian market requirements. Rakesh Singh, CEO of Solar business at Mahindra...

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India's First Mobile Solar PV Lab, Mahindra Susten,Completes 1 GWp Of Testing

By : Sustainability ..., Sep 11, 2018

India's first mobile solar photovoltaic (PV) testing lab, designed and developed by Mahindra Susten recently completed a milestone 1 GWp of plant testing. Mahindra Susten is part of the $20.7...

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