Mahindra group’s three-year-old foray into the solar power sector is in the midst of takeoff. The company says that it could set-up as much as 500 megawatts of solar power in the next 24-36 months.
This opportunity however is not restricted just to the projects it had won during the national solar mission. It has already set-up a five megawatt power project, and yet another 33 megawatts power project, both under the tariff-based bidding as a part of National Solar Mission.
In addition to these, the company is looking at a private power purchase agreements to set up rooftop solar power installations for private companies as well.