π Tender Overview
Scope ; To Develop a 150 MW Hybrid RE (Solar + Wind) Project in Maharashtra.
Mahindra Group has announced that it will develop a 150-MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group, with marquee global investor Ontario Teachersβ Pension Plan Board as a strategic partner.
The installation will include 101-MW wind capacity and 52-MW solar capacity and is expected to generate 460 million kWh of energy leading to expected abatement of 420,000 tonnes of CO2 emissions.
The project also marks Mahindra Sustenβs foray into the βhybrid REβ segment and will be one of the largest co-located solar + wind hybrid projects in Maharashtra to deliver clean energy to Commercial and Industrial (C&I) customers.
The project will be commissioned within the next two years and will integrate more than 80 per cent locally-manufactured components.