Mahindra to invest nearly Rs 1,200 crore in renewable energy projects
Deccan Herald -

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.

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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.

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Mahindra & Mahindra will also acquire a 26% stake in its solar power...

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