SAEL Secures $1 Billion Funding for Renewable Energy Expansion

SAEL has outlined a capital expenditure goal of ₹150 billion (~$1.8 billion) in FY 25

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SAEL, an India-based solar and agricultural waste-to-energy company, raised $1 billion in a funding round involving Norfund, the U.S. Development Finance Corporation, the Asian Development Bank (ADB), Tata Cleantech, and other financial institutions.

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