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Mahindra arm forays into hybrid renewables segment with a Rs 1,200 crore project

By Economic Times - 6 months ago
Mahindra Group ventures into hybrid renewable energy with a Rs 1,200 crore investment in a solar and wind project, partnering with Ontario Teachers' Pension Plan Board. Mahindra Susten will develop the project, comprising 101 MW wind and 52 MW solar capacity, one of Maharashtra's largest co-located projects. Scheduled for completion within a year, it emphasizes sustainability and aims to boost Mahindra's renewable energy share to over 60% by FY26.

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