Mahindra Susten achieves financial closure for 300 MW Rajasthan hybrid project
Mahindra Susten Private Limited has achieved financial closure for its Hazel Hybren renewable energy project in Rajasthan. The project has a capacity of 300 MW alternating current (AC), equivalent to 420 MWp, with HDFC Bank Limited acting as the sole lender under a binding agreement executed on February 27, 2026. The structured project financing amounts to Rs 1,025 crore. NHPC Limited has been designated as the off-taker for the project. The Hazel Hybren project forms…