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Mahindra Renewables Solar Power Project

Mahindra Renewables Solar Power Project

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The main goal of the project activity is to implement renewable energy projects in the country and the significant importance of revenues from the sale of Verified Carbon Units (VCUs) to achieve this goal forms the basis of the implementation of this project activity.

The project activity is supporting the implementation and installation of grid connected renewable solar energy power plants in India. The implementation of project activity ensures energy security, diversification of the grid generation mix and sustainable growth of the
electricity generation sector in India. The main goal of project activity is to implement renewable energy projects in the country and the significant importance of revenues from sale of Verified Carbon Units (VCUs) to achieve this goal forms the basis of the implementation of this project activity.

The project activity supports the development of new grid-connected renewable energy power plants in India and will cover the solar energy technologies. It seeks to enable investment in large scale grid connected plants that export their generated output to the regional / national electricity grid in India.

The electricity generated by renewable technology (solar) installed as part of the project activity will be supplied either to the regional grid and/or will be supplied to the identified facility via regional grid through a contractual wheeling agreement for captive consumption there by displacing the consumption of electricity from the regional grid electricity distribution system. As of 31 December 2013, the Southern grid has also been synchronised with the NEWNE grid, hence forming one unified Indian Grid.

Sustainable Development Goals

The United Nations Sustainable Development Goals (SDGs) are a set of 17 interconnected goals established by the United Nations in 2015. The SDGs provide a comprehensive framework for addressing the world's most pressing economic, social, and environmental challenges.

Global impact groups play a crucial role in supporting the SDGs by creating mechanisms to mobilise resources, collaborate with stakeholders, and drive collective action toward achieving the goals. These groups have the capacity to leverage their expertise and resources to make a significant positive impact.
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