Mahindra Susten, the green arm of Mahindra Group, is making significant strides in the renewable energy sector with a Rs 1,200-crore investment in a wind solar project. CEO & MD, Deepak Thakur, announced plans to develop 5500 MW of renewable energy over the next five years, emphasizing the company's commitment to green energy transition. They are venturing into group captive projects to enable group companies to meet their green energy goals. While the company has bid for solar projects and is executing a 100 MW solar-wind group captive project, they also have plans to explore opportunities in the green hydrogen space. They are evaluating domestic demand trends, offtake prices, and potential exports to developed markets like the EU, South Korea, and Japan. Despite the dominance of thermal power in India's energy mix, Mahindra Susten remains at the forefront of renewable energy development, with plans to add 5.4 GWp of capacity in the coming years. The company aims to grow its renewable energy assets and is focused on high-quality projects. The rise of renewable energy is crucial in mitigating India's power demand, with substantial growth expected in the RE sector. While thermal power remains necessary for stability and base load support, the government's plans to add 80 GW of new thermal capacity by 2031-32 align with the continued growth of renewable energy in the country.