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Mahindra Susten Secures Financial Closure for 45 MW Solar Project in Punjab

The project is backed by a ₹1.4 billion Exim Bank loan

October 10, 2025

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Mahindra Susten, the clean-tech arm of the Mahindra Group, has achieved financial closure for its 45 MW solar power project in Bathinda, Punjab. The project, developed by Neon Hybren, a wholly-owned subsidiary of Mahindra Susten, secured financing of ₹1.4 billion (~$15.78 million) from the Export-Import Bank of India under Exim Bank’s sustainable finance program.

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