Announcement

Collapse
No announcement yet.

CLP India Frontrunner For Mahindra & Mahindra's Solar Power Assets

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • CLP India Frontrunner For Mahindra & Mahindra's Solar Power Assets

    About Mahindra Solar Vision:-

    Mahindra Susten Pvt. Ltd., formerly Mahindra EPC Services Pvt. Ltd., is part of the USD 19 billion Mahindra Group. A portfolio company under the Cleantech arm of Mahindra Partners, offer solar solutions spanning On-Grid solutions, EPC (Engineering, Procurement, and Construction) and Off-Grid Product solutions. In April 2013, Mahindra EPC had its 20 MW solar power project at Bikaner enlisted in the Ministry of New and Renewable Energy's - MNRE (India) merit list for early commissioning for Phase-I, Batch II of the National Solar Mission. On 2 February 2015, the company was renamed Mahindra Susten. Susten is derived from the words sustainability and Enabler.
    Click image for larger version

Name:	clp2.jpg
Views:	72
Size:	15.2 KB
ID:	138882



    CLP entered the Indian market in 2002 and since then has built a portfolio consisting of wind, solar, coal and gas assets with a total equity generation capacity of 1842 MW as of 30 June 2019. CLP India, a big investor in the country's power sector, has emerged as the frontrunner to buy a part of Mahindra Susten's solar power portfolio, sources with knowledge of the matter told Moneycontrol. Mahindra Susten is the renewable energy arm of the $20 billion Mahindra & Mahindra Group and the estimated enterprise value of the select solar assets on the block is between Rs 2,000-3,000 crore, sources said. CLP India is currently in advanced negotiations with Mahindra Susten for buying select assets of its domestic solar portfolio but a term-sheet hasn't been signed as yet. M&M is more of an EPC player and not a developer. Their model is to build portfolios, sell them and churn capital," one of the sources cited above told Moneycontrol. It is a good quality portfolio that is up for sale. CLP India predominantly has a wind focused portfolio, hence they are keen on this deal to diversify. CDPQ has the capital and wants them to expand," added another source familiar with the proposed transaction.
    Click image for larger version

Name:	clp.jpg
Views:	244
Size:	14.6 KB
ID:	138883



    Getting the country ready for the future:-
    1. With a cumulative figure of 3200 MWp under various stages of execution, we are the leading player in the Indian solar energy sector.
    2. We are powering the future every day as we offer our innovative solutions right from MW size solar plants to 50 KW solar generators.
    3. Our team is dedicated to building an efficient world by implementing energy-efficient solutions into the routine of the common man.

  • #2
    Renewable energy is the future.....it helps us to reduce the cost of living........ it's a great way to take part in the green India initiative and take part in to save the earth resources.Be Smart And Save Earth

    Comment


    • #3
      Mahindra's vision is always lead the market and provide best product with the best value

      Comment


      • #4
        Originally posted by Lalitsharma View Post
        Renewable energy is the future.....it helps us to reduce the cost of living........ it's a great way to take part in the green India initiative and take part in to save the earth resources.Be Smart And Save Earth
        YEAH, Save the earth.

        Comment


        • #5
          Originally posted by Lalitsharma View Post
          Mahindra's vision is always lead the market and provide best product with the best value
          This time Mahindra has done a grate job four our country.

          Comment


          • #6
            Solar energy is produced by the sunlight and its warmth, solar thermal for the generation of electricity or the production of heat. yes Mahindra's is really done a good job.

            Comment


            • #7
              Originally posted by Vikesh View Post

              YEAH, Save the earth.
              Use renewable energy sources and take part in the green earth initiative......

              Comment


              • #8
                Mahindra's vision is really amazing about green energy......By using this we can also reduce the cost of living as well as spend on electricity.

                Comment


                • #9
                  We are innovating the solar industry, every day. These words are said by the Mahindra.​​​​​​​

                  Comment


                  • #10
                    Mahindra EPC had its 20 MW solar power project at Bikaner enlisted in the Ministry of New and Renewable Energy's - MNRE (India).

                    Comment


                    • #11
                      CLP India, a big investor in the country's power sector, has emerged as the frontrunner to buy a part of Mahindra Susten's solar power. CLP entered the Indian market in 2002 and since then has built a portfolio consisting of wind, solar, coal and gas assets with a total equity generation capacity of 1842 MW as of 30 June 2019.

                      Comment

                      Working...
                      X