Mahindra Susten's clean-tech arm secures Rs 1,448 crore term loan

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Martial Solren, a 100 per cent wholly-owned subsidiary of Mahindra Susten Private Ltd, the clean-tech arm of the Mahindra Group, has successfully secured a rupee term loan of Rs 1,448 crore, a company statement said.

Deepak Thakur, Managing Director & CEO of Mahindra Susten, said securing the financial closure for our 560MWp Solar Projects in Gujarat and Rajasthan is an important step for Mahindra Susten.

Mahindra Group firm Mahindra Susten on Wednesday said its wholly-owned subsidiary Martial Solren has secured a term loan of Rs 1,448 crore.

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Category: BusinessFinance

Markets: India

Topics: Mahindra Susten Power agreement Mahindra Group Martial Solren Loan agreement

Source Website Secure: Yes (HTTPS)

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Article Type: News Report

Published On: 2024-12-11 @ 12:34:29 (1 weeks ago)

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News Source URL: business-standard.com

Language: English

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