In The News
IPO-bound SAEL to venture into solar cells with a ₹5,000 crore plant in UP
SAEL is set to invest ₹5,000 crore to establish a solar cell manufacturing plant in Uttar Pradesh, aiming for a capacity of 5 GW annually—a strategic move that would position it to capitalize on government policies favouring local suppliers in the renewable sector.
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Reliance, SAEL, Jindal, Sembcorp, JBM, And Fastnote Win Big In SJVN’s 1,200 MW Solar Integrated With 600 MW/ 2,400 MWh ESS Auction PV
SAEL Industries was awarded 150 MW at ₹3.32 per kWh, while Jindal India Renewable Energy secured 300 MW at the same tariff.
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From Intermittency to Reliability: The Role of Energy Storage in Scaling Indian Solar PV
India's solar journey has been remarkable, with installed capacity reaching 102.56 GW, constituting 21.8% of our national power mix.
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Waste-To-Energy Firm SAEL Plans To Go Public In Next 12 Months
SAEL, a firm that converts agricultural waste into clean energy, is gearing up for a public listing within the next 12 months, its CEO Laxit Awla said.
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SAEL's set to close $1 billion fundraise from foreign, domestic investors
SAEL Ltd, which converts agricultural waste into energy, is close to finalising a fundraise of $1 billion (about ₹8,300 crore) from US and European investors, said people aware of the matter.
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