Mahindra Group to Invest Rs 11,000 Cr in Rajasthan Solar – EQ
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In Short : The Mahindra Group will invest ₹11,000 crore in Rajasthan to develop solar energy projects through its renewable energy arm, Mahindra Susten. This initiative aims to expand solar power capacity, generate jobs, and reduce carbon emissions. Leveraging Rajasthan’s solar potential, the investment aligns with India’s renewable energy goals and Mahindra’s commitment to sustainability and carbon neutrality.
In Detail : Jaipur – Mahindra Group’s solar division has committed to investing Rs 11,000 crore in Rajasthan, a top official of the group said.
While speaking at Rising Rajasthan Global Investment Summit, Mahindra Group Chairman Anand Mahindra said the company has set up 1.1 gigawatt solar capacity in Rajasthan.
“Our solar division has erected over 1.1 GW in Rajasthan and already committed investment of over Rs 11,000 crore to achieve an additional 2.8 GW capacity,” Mahindra said.
He said Mahindra Group has created 5,000 direct employment in the state and plans to increase it significantly over the next five years.
“Club Mahindra has six properties in the state and plans to nearly double (it) in the coming years,” Mahindra said.
