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Mahindra Susten

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    Showing Result for Keyword #Ontario

      Board of Director

      Mr. Bruce Crane

      Bruce Ross Crane is a non-executive director of Mahindra Susten Private Limited. He is also a Senior Managing Director, Infrastructure & Natural Resources, Asia Pacific at Ontario Teachers’ Pension Plan (“Ontario Teachers”). Bruce Crane leads Ontario Teachers’ infrastructure investing activities across the Asia-Pacific region. Bruce joined Ontario Teachers’ in 2020 as one of the initial members of its new Singapore office, its second in Asia after the Hong Kong office. Prior to joining Ontario Teachers’, Bruce spent nearly 10 years at Ontario Municipal Employees’ Retirement System (“OMERS”) Infrastructure where he most recently led their investing efforts in Asia. Previously, he

      News & Media

      Mahindra Susten-Ontario Teachers’ Deal Opens up a Wealth of Opportunities

      Ontario Teacher's Pension Plan, a global investor, is set to acquire a 30% equity stake in Mahindra Susten, a cleantech arm of the Mahindra Group. This strategic move involves an equity value of ₹23.71 billion (-$300 million) and adheres to the regulations of the Securities and Exchange Board of India by establishing an Infrastructure Investment Trust (InvIT).Initially, the proposed InvIT will encompass renewable power assets with an operational capacity of approximately 1.54 GW, seeded by Mahindra Susten. Additionally, Mahindra Group's shareholder loans totalling ₹5.75 billion (-$73 million) advanced to Mahindra Susten will be duly repaid.A substantial influx of funds will

      News & Media

      A Milestone for Mahindra Susten: Winning the RUVNL Project

      Mahindra Susten emerges victorious with 200 MW in Rajasthan Urja Vikas Nigam Ltd’s (RUVNL) latest 1 GW solar auction. The resounding victory underscores Mahindra Susten's dedication to pioneering sustainable energy solutions and its relentless pursuit of excellence in the renewable energy sector.The esteemed project was awarded to Mahindra Susten after navigating a competitive bidding process, followed by an impactful e-reverse auction phase.  The endeavour will be formalized through a 25-year power purchase agreement between RUVNL and Mahindra Susten, reinforcing the long-term viability of the project.Earmarked for completion within 18 months, the project's timeline exemplifies Mahindra Susten's swift execution capabilities. With

      Board of Director

      Mr. Debapratim Hajara

      Debapratim Hajara is a non-executive director of Mahindra Susten Private Limited. He holds a Postgraduate Diploma in Management from Xavier Institute of Management, Bhubaneswar and a Master’s Degree in Physics from Indian Institute of Technology, Kanpur. He is currently Managing Director, Infrastructure & Natural Resources at Ontario Teachers’ Pension Plan. Prior to that, he had 12 years of experience in infrastructure investment and was previously associated with SBI Capital Markets Limited, IDFC Alternatives Limited and Macquarie Infrastructure and Real Assets (India) Private Limited. He serves as a director on the boards of National Investment and Infrastructure Fund Limited, National Highways

      Sustain Leadership

      Ankit Jain

      Ankit Jain is the Chief Projects Officer at Mahindra Susten. With over 17 years of invaluable experience in Real Estate, Infrastructure, and Renewable Energy, he has been one of the key driving forces behind the strategic and operational decisions that have shaped Mahindra Susten's success and propelled it to new heights in the renewable energy industry.Since inception of Mahindra Susten, Ankit has been associated with Susten and during this journey his expertise spans a diverse range of domains, from Business Development & Strategy to Procurement and Projects. His remarkable ability to handle the P & L responsibility for India and SEA

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