SAEL commissions 1 GWp Solar Project at World’s Largest RE Park, Group’s total operational capacity crosses 2 GWp
New Delhi: SAEL Industries Ltd. (SAEL), a vertically integrated renewable energy (RE) company, commissioned a 1 GWp (800 MW) solar power plant at the world’s largest Renewable Energy Park in Khavda, Gujarat, through its subsidiaries SAEL Solar P4 Private Limited and SAEL Solar P5 Private Limited (400MW, 500MWp each). The projects are backed by 25-year […]
SAEL to invest ₹22,000 cr in Andhra Pradesh
New Delhi: SAEL Industries Limited is planning to invest about ₹22,000 crore in Andhra Pradesh in different sector. SAEL Solar MHP1 Pvt. Limited secured a debt finance amounting to of US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale for development of a solar […]
SAEL to Procure 20 Lakh Tonnes of Paddy Stubble this Season Via Aggregator, Aims to Convert Waste into Clean Energy and Curb Pollution from Stubble Burning
New Delhi: SAEL Industries Ltd. (“SAEL”), an integrated renewable energy company, announced that it is expecting to procure ~20 lakh tonnes of paddy-waste with the onset of the harvesting season this year and convert it into clean electricity through its fuel aggregator. This scale of paddy-waste procurement drive addresses the pressing concern of stubble burning […]
SAEL Industries Ltd. Launches 298 MW Solar Project Ahead Of Schedule In Jalore
Rajasthan: SAEL Industries Ltd., an integrated renewable energy company, through its subsidiary Sunfree Energy RJP1 Pvt. Ltd., has commissioned its first solar power project in Rajasthan with a capacity of 200MW (AC) and 298 MW (DC). The solar power project is located in the Jalore district and spans over 1000 acres. SAEL signed the 25-year […]
SAEL conducts awareness drive on Climate-Smart Agricultural Practices for farmers in Punjab, Haryana and Rajasthan
New Delhi: Driven by its commitment towards developing a holistic community ecosystem, SAEL Industries Limited (“SAEL”) recently organized a series of awareness and training sessions for local farmers at its Agriculture Waste-to-Energy power plants. These sessions focused on climate-smart and sustainable agricultural practices. Held across six locations as part of Phase 1 – Firozpur, Jaito, […]
SAEL signs 400 MW solar PPA with PSPCL
New Delhi: SAEL Industries Limited, a company engaged in integrated renewable energy solutions, has entered into a power purchase agreement (PPA) with Punjab State Power Corporation Limited (PSPCL) for a 400-megawatt solar photovoltaic (PV) project. The agreement has been signed through its subsidiary, SAEL Solar P15 Private Limited. SAEL said in a press release, “The […]
SAEL Secures US$132 Million Investment from NDB, AIIB & Societe Generale for Solar Project in Andhra Pradesh
New Delhi: SAEL Solar MHP1 Pvt. Limited, a subsidiary of SAEL Industries Ltd., a clean energy company, has secured a debt finance amounting to of US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale for development of a solar power project in Andhra Pradesh. […]
SAEL makes a stellar debut in the International Bond Markets with US Dollar 305 Mn Green Bond
New Delhi: SAEL group (the “Company”) has successfully issued its debut US dollar-denominated bonds in the international markets. This bond marks the group’s first issuance in the international capital markets, providing the Company access to a deep, alternative pool of liquidity to complement funds available through domestic Indian lenders. The US$ 305 Mn (Approx […]