Mahindra Susten

NHPC 1.2 GW Solar Bid Garners A Tariff Of Rs 2.56/unit

NHPC Limited recently concluded the auctions for its 1.2 GW solar tender, announcing six winners for the project. These winners are Onward Solar, Rays Power Infra Limited, Essar Renewables, Mahindra Susten, and Avaada Group. The allocated capacities are as follows: Onward Solar was allocated 50 MW at Rs. 2.56 per unit, while Jevargi Solar (Rays […]

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Waaree Energies Secures 280 MW Order From Mahindra Susten

Waaree Energies Limited, an Indian solar PV module manufacturer with an aggregate installed capacity of 12 GW, as of June 30, 2023 (Source: CRISIL Report), signed an agreement with Mahindra Susten. This agreement with renewable independent power producer (IPP), was undertaken to supply 280 MW (DC) of advanced solar modules in Bikaner, Rajasthan. The contract […]

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Mahindra Susten Enters Hybrid RE Segment With 150MW Projects

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 […]

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Waaree Energies Signs Pact To Supply 280 MW Solar Modules To Mahindra Susten

Solar PV module manufacturers Waaree Energies Limited announced that it has agreed with Mahindra Susten a renewable independent power producer player for the provision of 280 MW of solar modules. According to the press release, Waaree Energies Limited will supply 280 MW of AHNAY Series, Bi-55 545Wp modules to Mahindra Susten. Module delivery is expected […]

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Mahindra Susten Gets ‘Water Positive’ Certification

Mahindra Susten, a renewable Independent Power Producer (IPP) with in-house expertise in engineering, procurement, and construction (EPC), announced that it has been awarded the ‘Water Positive Verification’ certificate for its 100% operating portfolio for the assessment year FY23. The accreditation, granted by certification authority TUV India (TÜV NORD GROUP), recognized Susten’s commitment towards planet-positive initiatives and […]

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GUVNL Tender: ReNew To Supply Solar Power At Rs 2.71/unit 

ReNew Solar Power is now all set to sell its solar power at the rate of Rs 2.71 per unit, discovered through competitive bidding by the Gujarat Urja Vikas Nigam Limited (GUVNL). The tender on the same was on February 4, 2023, for a 500 MW grid-connected solar project to be set up anywhere in […]

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RUVNL’s 1 GW Tender Sees Mahindra Susten, SAEL, Avaada Among Winners

Rajasthan Urja Vikas Nigam (RUVNL) has declared the results for its 1 GW tender (floated in January 2023) of power from state transmission utility (STU)-connected solar power projects in the state. Mahindra Susten, Sunfree Energy (SAEL), Solarcraft Power India (Blupine Energy), Jakson, Shiva Corporation, Avaada Energy, and SJVN are the winners under competitive bidding. Mahindra Susten […]

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ReNew Power Bags 200 MW of GUVNL’s 500 MW Tender; Solarcraft, Mahindra Susten, Avaada Energy Other Winners

Gujarat Urja Vikas Nigam’s (GUVNL) tender, floated in February this year, for the supply of power from 500 MW of grid-connected solar projects (Phase XIX) has been won by ReNew Power, Solarcraft Power, Mahindra Susten, and Avaada Energy. Capacities & Tariff ReNew Solar Power bagged the highest capacity of 200 MW. It had quoted Rs 2.71 […]

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