The Top 5: Upcoming Electric Cars In India In 2023 Updated On Tue, Jan 10th, 2023 by Saurenergy India’s electric car market is likely to see more EVs this year than anytime before. With growth in EV battery technology and strong national commitments for 2030 and net zero by 2070, EV market is further set to share a considerable chunk of electric vehicle market of India. Amidst this continuation of EV surge, we […] Read more
Mahindra CIE Automotive Takes 27% Stake in Captive Power Developer Strongsun Solar Updated On Tue, Dec 13th, 2022 by Saurenergy Automotive component maker and supplier Mahindra CIE Automotive has said that it has invested Rs 2.42 crore in Strongsun Solar. Mahindra has made the investment through a subscription of 3,03,250 equity shares of Rs 10 each of Strongsun Solar which will constitute 27.35% of the post-issue paid-up capital of the renewable energy company. Strongsun Solar […] Read more
Examining the Biggest Polluters: Report Card of Transportation Industry Updated On Thu, Sep 15th, 2022 by Saurenergy The transportation sector is essential for economic growth, creating jobs, and connecting people to critical services. The industry is also growing rapidly and will retain this trend for a long time. Yet, what’s concerning about the growth of the transportation sector is that it is also one of the biggest polluters. The industry shares a […] Read more
Could Priority Sector Lending Status For Electric Mobility Charge Up Adoption ? Updated On Mon, Apr 25th, 2022 by Saurenergy The electric vehicles have a long way to go to lead the mobility sector in India. One of the major points of delay is the finance for the industry. NITI Aayog, Rocky Mountain Institute (RMI), and RMI India released a report in January 2022, titled Banking on Electric Vehicles in India. The report surfaces the need […] Read more
Mahindra Cancels Share Purchase Pact Worth Rs 105 Cr with CLP India Updated On Mon, Sep 14th, 2020 by Saurenergy Mahindra & Mahindra has terminated a share purchase agreement with CLP India to sell the entire stake held by Mahindra Renewables in Neo Solren. Mahindra & Mahindra (M&M) has announced that it has terminated a share purchase agreement with CLP India to sell the entire stake held by its step down arm Mahindra Renewables in Neo Solren (NSPL) for […] Read more
Mahindra to Develop IFC-Backed 250 MW Solar Project in Rajasthan Updated On Fri, Jan 10th, 2020 by Saurenergy Mahindra Renewables is planning to invest around USD 171 million to set up an IFC-backed 250 MW solar power project in Rajasthan Mahindra Renewables Private Limited (MRPL), a wholly-owned subsidiary of Mahindra Group cleantech arm Mahindra Susten Private Ltd (MSPL) has announced that it is planning to invest around USD 171 million to set up […] Read more
Mahindra Launches Asset Care Company ‘TEQO’ for RE Industry Updated On Wed, Jun 12th, 2019 by Saurenergy This newly formed company will provide optimization solutions for renewable energy customers both in India and abroad. The word TEQO is derived from Technology, Quality and Operations. With an aim to accomplish its aspiration to deliver a comprehensive, technology-enabled, asset management solution, Mahindra Partners has launched a technology driven asset care company TEQO. This newly […] Read more
Mahindra Group Renewable Arm Looking to Sell Solar Assets Worth 160 MW Updated On Mon, Apr 22nd, 2019 by Saurenergy Mahindra Susten, the renewable energy arm of the Mahindra group, has initiated the formal process to sell a portion of its solar assets worth a combined 160 MW. The company’s renewable offerings include diversified services within the renewable energy and cleantech space, such as turnkey solar engineering, procurement, and construction (EPC) services, both utility-scale solar […] Read more
Mahindra Partners with SmartE to launch Mahindra Treo and Treo Yaari Electric Three Wheeler Updated On Wed, Dec 12th, 2018 by Saurenergy The two leading companies in the electric mobility market have come together, to offer convenient, affordable and zero-emission last-mile connectivity. Driving electric mobility forward in India, Mahindra Electric Mobility has partnered with SmartE to launch first 1,000 Mahindra Treo and Treo Yaari electric three wheeler in Delhi-NCR by March 2019. The company also plans to […] Read more
