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Mahindra & Mahindra in talks for Rs 5,000 crore EV push from British International, others – EQ Mag

In July 2022, British International Investment signed a pact with Mahindra Electric to invest Rs 1,925 crore via compulsory convertible preference shares Automaker Mahindra & Mahindra (M&M) is in advanced discussions with British International Investment (BII) and some other global investors to raise up to Rs 5,000 crore ($605 million) for its electric vehicles (EV) […]

IOCL and GPS Renewables Collaborate for Sustainable Energy Solutions – EQ

Mahindra & Mahindra increases capex outlay for FY22-24 to Rs 15900 crore – EQ Mag

According to the company’s statement, the additional Rs 1,600 crore will go into the conventional ICE (Internal Combustion Engine) vehicles for the anticipated regulatory changes and capacity expansion. Mahindra & Mahindra – an automobile giant – on Friday said it has revised upward the capital expenditure (capex) outlay for the three years cycle of FY22-FY24 […]

Ather Energy ties up with BPCL to expand charging infrastructure

Maharashtra Approves Mahindra & Mahindra Proposal To Set Up Rs 10,000 Crore EV Plant In Pune – EQ Mag

The two sides signed an agreement to this effect at the World Economic Forum in Davos on Wednesday, M&M Ltd said in a statement Mahindra & Mahindra (M&M) on Thursday said the Maharashtra government has approved its proposal to set up a Rs 10,000-crore electric vehicle plant in Pune under the state’s industrial promotion scheme […]

Ather Energy ties up with BPCL to expand charging infrastructure

Jio-bp and Mahindra & Mahindra strengthen EV partnership – EQ Mag Pro

Mumbai: Mahindra & Mahindra (M&M),India’s leading SUV manufacturer, and Jio-bp, a fuels and mobility joint venture between Reliance Industries Limited (RIL) and bp are strengthening their existing partnership with Jio-bp setting up robust charging network for Mahindra’s upcoming e-SUVs launches. Last year, the companies had signed an MoU for exploring the creation of EV products […]

Ather Energy ties up with BPCL to expand charging infrastructure

Intimation of acquisition – under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – EQ Mag Pro

Intimation of acquisition – under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. With reference to the captioned subject, we would like to inform you that the Company has today signed a Power Delivery Agreement with ReNew Sunlight Energy Private Limited (“RSEPL”) whereunder RSEPL as a Captive Generator […]

Waaree Energies bags order to supply 280 MW solar modules to Mahindra Susten – EQ

Mahindra & Mahindra to Adopt 58 MWp Captive Solar Plant in Maharashtra

Homegrown auto major Mahindra & Mahindra (M&M) on Wednesday said it is adopting a 58 MWp captive solar plant that is expected to generate about 100 million units of power annually beginning 2022. The project will quadruple M&M’s renewable power share from 12 per cent to 56 per cent across its facilities in Maharashtra, including […]

India fossil fuel consumption up 8% in 2023 – EQ