Mahindra to invest nearly $150 million in renewable energy projects
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Mahindra to invest nearly Rs 1,200 crore in renewable energy projects
Bengaluru: Tech-to-tractor conglomerate Mahindra Group will invest 12 billion rupees (about $144 million) to set up solar and wind energy projects of 150 megawatt (MW) hybrid capacity in India, it said on Monday.
.The projects will be developed by the group's renewable energy unit Mahindra Susten with Ontario Teachers' Pension Plan Board, one of Canada's largest pension funds, as its strategic partner.
.Mahindra & Mahindra will also acquire a 26% stake in its solar power...
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