Mahindra Susten establishes Steer Hybren for renewable energy projects
Mahindra Susten Private Limited has incorporated a wholly owned subsidiary, Steer Hybren Private Limited, to implement renewable energy projects across India. Established on November 29, 2024, in Mumbai, Steer Hybren will operate as an Independent Power Producer (IPP), focusing on the production and distribution of power. The company plans to develop rooftop solar power installations for commercial, industrial, institutional, and residential sectors, in addition to setting up energy storage systems and other renewable energy initiatives.