In Short : SAEL has secured $305 million in its debut green bond issuance. This successful funding effort will support the company’s renewable energy projects and initiatives, furthering its commitment to sustainability and green energy development. In Detail : SAEL Group aims to increase the portfolio of solar and waste-to-energy assets to 5 GW by […]
ADB, SAEL Industries Sign 12.23 Billion Indian Rupee Deal for a 400 MW Solar Power Plant in Gujarat India
ADB, SAEL Industries Sign 12.23 Billion Indian Rupee Deal for a 400 MW Solar Power Plant in Gujarat India NEW DELHI, INDIA (24 January 2024) — The Asian Development Bank (ADB) and SAEL Industries Limited, through its subsidiary SAEL Solar P4 Private Limited, have signed a loan of up to 12.23 billion Indian rupees (about […]
SAEL raises Rs 1,325 crore via bonds – EQ Mag
Renewable energy firm SAEL has raised Rs 1,325 crore through the issuance of bonds. “SAEL, India’s largest waste-to-energy producer, has successfully culminated issuance of AA-rated bonds to the tune of Rs 1,325 crore. (approx $161 million),” a company statement said. The bonds were subscribed by a consortium of four leading institutions, namely, India Infradebt Ltd, […]