SAEL Secures $132 Million for 300 MW Solar Project in Andhra Pradesh

The company raised debt finance from three global institutions

May 30, 2025

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SAEL Solar MHP, a subsidiary of SAEL Industries, has secured debt finance of $132 million from the Asian Infrastructure Investment Bank, the New Development Bank, and Societe Generale to develop a 300 MW solar power project in Andhra Pradesh.

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Tina Freese