TAG: "Neon Hybren"

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Mahindra and Mahindra to Procure Solar Power from 30 MW Group Captive Solar Project in Punjab

Mahindra & Mahindra will procure solar power from a 30 MW captive project in Punjab being developed by its step-down subsidiary Neon Hybren, a SPV of Mahindra Susten. The company has approved an investment of up to INR 11.17 crore to pick up a 26 percent stake as per captive consumption regulations.

Neon Hybren | April 10, 2026 | By Mrinmoy Dey 326

Neon Hybren Secures INR 1,400?Million Funding for 45?MWp Punjab Solar Project

Neon Hybren, Mahindra Sustem’s subsidiary, achieves financial closure for a 45 MWp solar project in Bathinda with INR 1,400 million Exim Bank loan under Sustainable Finance Programmme.

Neon Hybren | October 13, 2025 | By EI News Network 991

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