sael

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Prozeal, Kintech, SAEL Among Winners of GUVNL’s 500 MW Solar Auction

S.B.B. Mouldings, Kintech Synergy, Enertech Fuel Solutions, Prozeal Green Energy, Ausom Enterprise, Drashta Green Power, and SAEL Industries won Gujarat Urja Vikas...

December 18, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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SAEL, NTPC, BluPine Win SECI’s 1.2 GW Solar Auction

SAEL Industries, NTPC Renewable Energy, and BluPine Energy were winners in Solar Energy Corporation of India’s (SECI) auction to set up 1.2 GW of interstate transmission...

August 13, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Avaada, ReNew, ENGIE, SAEL, NTPC Win SECI’s 1.5 GW Solar Tranche XIV Auction

Avaada Energy, ReNew Solar Power (ReNew), Solairedirect Energy India (ENGIE), SAEL Industries, and NTPC Renewable Energy were declared winners in the Solar Energy...

March 18, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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CERC Approves ₹2.60/kWh Tariff for SECI’s 600 MW Solar Projects

The Central Electricity Regulatory Commission (CERC) has approved a tariff of ₹2.60 (~$0.03)/kWh for a combined capacity of 600 MW from solar power projects of Solar...

February 16, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Project Finance Brief: Deriva Energy Acquires 140 MW Solar Project

From: Mercom Capital Group Deriva Energy, an independent renewable energy developer, announced the acquisition of a 140 MW solar project in Las Animas County, Colo. The...

January 31, 2024

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: SJVN Green, SAEL, Coal India Win GUVNL’s 600 MW Auction

SJVN Green Energy, SAEL Industries, and Coal India were declared the winners of Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 600 MW of grid-connected...

January 29, 2024

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Mercom Staff

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Daily Wrap-up
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SJVN Green, SAEL, Coal India Win GUVNL’s 600 MW Solar Auction

SJVN Green Energy, SAEL Industries, and Coal India were declared the winners of Gujarat Urja Vikas Nigam’s (GUVNL) auction to supply power from 600 MW of grid-connected...

January 25, 2024

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Arjun Joshi

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Tender for 10 GWh Battery Cell Capacity Under PLI Program

The Ministry of Heavy Industries has issued a request for proposals to select manufacturers to set up 10 GWh manufacturing capacities for Advance Chemistry Cell (ACC)...

January 25, 2024

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Mercom Staff

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Daily Wrap-up
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SAEL Secures $1 Billion Funding for Renewable Energy Expansion

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,...

January 24, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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SAEL, Avaada Win MSEDCL’s 500 MW Solar Auction

SAEL Industries and Avaada Energy have won Maharashtra State Electricity Distribution Company’s (MSEDCL) auction (Tranche-X) to supply 500 MW of solar power from...

April 13, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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SAEL Raises ₹13.3 Billion for Renewable Portfolio via Bond Issue

SAEL, an India-based waste-to-energy producer, has raised ₹13.25 Billion (~$161 million) via the sale of rupee bonds, which will mature in 2033. India Infradebt, Aseem...

April 3, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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ADB to Loan ₹7.5 Billion to SAEL for 74.5 MW Biomass Energy Projects

India-based solar and agricultural waste-to-energy company SAEL Industries has signed loan agreements with the Asian Development Bank (ADB) for up to ₹7.5 billion (~$91....

March 23, 2023

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Satish Shetty

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Other

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Renewable Energy
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SJVN, Juniper Green, Tata Power, SAEL, Avaada Win MSEDCL’s 500 MW Solar Auction

SJVN Green Energy, Juniper Green Energy, Tata Power Renewable Energy, SAEL, and Avaada Energy were declared winners in Maharashtra State Electricity Distribution...

August 4, 2022

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Arjun Joshi

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Solar

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Tenders & Auctions

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