Mahindra arm forays into hybrid renewables segment with a Rs 1,200 crore project
The Mahindra Group will foray into the hybrid renewable energy segment with an investment of Rs 1,200 in a solar and wind project, the company said in a stock exchange filing on Monday.
Mahindra Susten, its renewable energy platform, will develop the project along with Ontario Teachers’ Pension Plan Board as a strategic partner. As a part of this project, the group will install ˜101 MW wind capacity and ˜52 MW solar capacity.
