Mahindra Group and Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) announced today a strategic partnership to capitalize on the growing renewables opportunity in India and contribute towards the country’s decarbonization ambitions. The parties have signed binding agreements pursuant to which Ontario Teachers’ will acquire a 30% equity stake in Mahindra Susten Private Limited (“Mahindra Susten”) at an equity value of INR 2,371 crore (~USD 300 million).
Mahindra Group on Thursday announced the appointment of Deepak Thakur as the new managing director and CEO of its renewable energy unit Mahindra Susten with immediate effect.
Get latest articles and stories on Business at LatestLY. Mahindra Group on Thursday announced the appointment of Deepak Thakur as the new managing director & CEO of its renewable energy unit Mahindra Susten with immediate effect. Business News | Mahindra Appoints Deepak Thakur as MD & CEO of Its Renewable Energy Unit.
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