New Delhi : Asian Development Bank (ADB) will provide a loan up to Rs 754 crore to SAEL Industries Ltd for setting up of biomass power plants in Rajasthan. The lender and SAEL have entered into a loan agreement, according to a release on Friday. SAEL is a solar and agricultural waste-to-energy company. It has […]
ADB, SAEL Industries Sign $91 Million Loan Agreement to Promote Biomass Generation in India – EQ Mag
MANILA, PHILIPPINES : The Asian Development Bank (ADB) and SAEL Industries Limited have signed loan agreements of up to 7.5 billion Indian rupees (around $91.14 million) to promote the generation of biomass energy using agricultural residue, helping diversify India’s energy mix and reduce carbon intensity. ADB’s support will fund the construction of five 14.9-megawatt biomass […]