Mahindra's 250 MW solar plant in Bhiv ji ka gaon
Sector: Solar • Location: India
Source: World Bank Group
The project entails the construction of a 250 MW solar plant in Rajasthan, India, SPV is MAHINDRA RENEWABLES PRIVATE LIMITED, a wholly owned subsidiary of the sponsor Mahindra Susten Private Limited. Total investment stands at $ 171 million, $ 36 of which are provided by IFC as a loan. The International Financial Corporation also stated that it is ready to help the syndication of $ 93 million in d
- Status
- Prospective
- Sector
- Solar, Commercial, Power Generation (CCGT), Government
- Location
- India
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency | |
Company |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The project entails the construction of a 250 MW solar plant in Rajasthan, India, SPV is MAHINDRA RENEWABLES PRIVATE LIMITED, a wholly owned subsidiary of the sponsor Mahindra Susten Private Limited. Total investment stands at $ 171 million, $ 36 of which are provided by IFC as a loan. The International Financial Corporation also stated that it is ready to help the syndication of $ 93 million in debt. PPA term is 25 years. Financial close took place on March 19, 2020. https://mercomindia.com/ifc-lend-mahindra-renewables-solar-project-rajasthan/, https://disclosures.ifc.org/#/projectDetail/ESRS/42683, https://disclosures.ifc.org/#/projectDetail/SII/42683 |
Original sector | Energy |
Budget |
Location
Country | India |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Solar, Commercial, Power Generation (CCGT), Government |
Article published date | 2024-09-21 |
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