Mahindra Susten Enters Hybrid RE Segment With 150MW Projects Updated On Mon, Apr 15th, 2024 by Saurenergy Mahindra Susten recently announced its plan to develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group and one of the renewable Independent Power Producers (IPP), with global investor Ontario Teachers’ Pension Plan […] Read more
Mahindra, Ontario Teachers’ Co-Sponsor 2262.8 Crore Renewable Project Updated On Mon, Jan 15th, 2024 by Saurenergy Mahindra Group, a farm equipment, utility vehicles, information technology and financial services businesses in India, and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), an institutional investor, have co-sponsored an Infrastructure Investment Trust (InvIT) in the renewable energy space. The InvIT, ‘Sustainable Energy Infra Trust’ (SEIT), is India’s InvIT in the renewable energy space. SEIT has […] Read more
NIIF’s India-Japan Fund To Invest Rs. 400 Crore In Mahindra Last Mile Mobility Updated On Fri, Jan 12th, 2024 by Saurenergy Indian automotive company Mahindra & Mahindra Ltd. (M&M) and India-Japan Fund (IJF), a fund managed by National Investment and Infrastructure Fund Limited (NIIF) have executed a binding agreement for IJF to invest Rs. 400 Crore in Mahindra Last Mile Mobility Limited (MLMML). It claimed to house M&M’s last-mile mobility business including three wheelers (Alfa, Treo, […] Read more
Mahindra Will Seek Partnerships To Source EV Components Updated On Tue, May 24th, 2022 by Saurenergy Anish Shah, Chief Executive Officer of Mahindra and Mahindra, has said that the company has planned to source components from other players in order to give fillip to its electric vehicle portfolio. A week ago, Mahindra and Mahindra had announced its strategic collaboration with Volkswagen where the latter was to equip the EVs of the […] Read more
Mahindra to be minority partner in any battery venture, e-XUV 300 launch by Q3, 2023 Updated On Wed, Feb 16th, 2022 by Saurenergy Auto major Mahindra and Mahindra ‘s top tier executives, while discussing its results at an analyst call, made some interesting observations on the firm’s EV and battery plans. On the results side, the firm had a strong Q3, reporting a 155 per cent jump in its standalone profit at Rs 1,353 crore for the December […] Read more
