Mahindra Group sees light at the end of renewables tunnel
The success of a less-used funding mechanism has given the conglomerate a means to monetize its renewable energy assets and expand. Will its unorthodox approach work in the long run?
More in Business
You may also like
Adani circles nuclear power as India rethinks the rules
As India prepares to throw open its nuclear sector to private players, the conglomerate is taking position. But the technology, economics and risks look far tougher than anything it has scaled so far.
Mumbai’s toxic air: everyone’s responsible, no one’s accountable
A city choking on its own growth, trapped in a system with little accountability. Separately, India’s plan to ramp up in its solar manufacturing standards needs to factor in all the stakeholders.
Rajasthan just ghosted coal. Investors should take note.
When India’s solar capital says coal no longer adds up, it’s a market signal investors shouldn’t ignore. Separately, Deutsche Bank sets a €900 billion sustainable finance target by 2030 and COP30 falls short of expectations.