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?
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Business
You may also like
On air pollution, power producers get a hall pass
India has rolled back rules that require thermal power plants to install equipment to cut sulphur dioxide emissions, marking yet another failure in the fight against air pollution.
Has IndiGrid cracked the green finance code?
Blending capital from investors with varying risk appetite to fund green projects has emerged as a reliable model for the KKR-backed InvIT—its latest for India's largest battery energy storage project being an example.
The hunt for greener steel stutters
ArcelorMittal's scrapping of green steel plans in Germany signals an uncertain future for decarbonizing the heavily polluting sector. It also casts a cloud on mega investments by Indian steelmakers.