Mahindra group has major ambitions in clean technology. The $15.4-billion group is already into solar and electric mobility and says it is close to getting into wind power.
Parag Shah, Head of Mahindra Cleantech and a Managing Partner of Mahindra Partners told a business newspaper that Mahindra Cleantech will look at the entire renewable energy space, energy efficiency and even water.
Renewable energy would include solar, wind and biomass, and to a certain extent small hydro, he said. Under energy efficiency the company look at minimising distribution losses so as to maximise output.
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