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Mahindra Group

Rajasthan Gets Rs 4000 Cr Investment for 925 MW Solar Plant

NTPC and RSDCL are set to sign an agreement with an investment worth Rs 4000 crore to develop 925 MW solar power projects in Nokh Solar Park in Rajasthan   In what will become the first largest investment in Rajasthan during the current regime of the Congress government, NTPC and Rajasthan Solarpark Development Corporation Ltd (RSDCL), a subsidiary of RRECL, […]

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Avis India Partners With quikk India for Electric Vehicle Fleet

Avis India has announced that it has formed a partnership with quikk India to offer corporate electric mobility services, starting with the Delhi-NCR region Avis India has announced that it has formed a partnership with quikk India on February 17, 2019, to offer corporate electric mobility services which will include an EV fleet and access to robust […]

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Magenta Power Launches Academy to Offer Training and Education in Green Energy Solutions

The training provides practical tools to accelerate green energy deployment, that shall facilitate knowledge sharing and technology transfer to provide clean, sustainable energy for the world’s growing population. Magenta Power, a pioneer in renewable energy solutions and EV charging infrastructure space in India, announces the launch of its academy ‘MITRA’ that shall support Individuals and […]

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World Bank’s IFC Funds CleanMax Solar with $15 Million

IFC also invested $125 million in Hero Future Energies, Hero Group’s renewable arm against an undisclosed equity stake. A senior executive from rooftop solar company CleanMax Solar has announced that the firm which is currently backed by American private equity giant Warburg Pincus has recently secured $15 million of funding against equity capital from International […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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CleanMax Solar Announces Equity Financing of USD 100 Million from Warburg Pincus

The investment will enable CleanMax Solar to pursue additional growth opportunities beyond India, and provide next generation solutions to the customers through a combination of rooftop solar and energy storage. CleanMax Solar, India’s largest rooftop solar developer for the corporate sector, today announced that it has secured equity financing of up to USD 100 million […]

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Rajasthan Investor Summit 2024 Attracts High Renewable Commitments

At the Rajasthan Investment Summit 2024 in New Delhi, 17 major companies signed MoUs (Memorandums of Understanding) to invest a massive Rs. 8 lakh crore across various sectors, focusing on renewable energy, oil and gas, logistics, and infrastructure. In the energy sector, Tata Power, NHPC, Avaada Group, and Jindal Renewable Power all committed to building […]

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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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Suzlon Appoints Gurpratap Boparai As Its New CEO (Manufacturing)

Indian Wind Energy Company Suzlon Group has appointed Gurpratap Boparai as its new Chief Executive Officer (CEO)-Manufacturing Bussiness. The wind turbine generator manufacturer submitted the details of his joining before the BSE its filings.  Boparai joined the Pune-based company from July 1. Suzlon said that the newly inducted CEO (manufacturing) has expertise in market launches, […]

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