Latest news with #SAELIndustries
Time of India
13 hours ago
- Business
- Time of India
SAEL Industries arm commissions 50 MW solar project in Maharashtra
Solar RE Power , a subsidiary of SAEL Industries , on Tuesday said it has commissioned a 50 MW solar power plant in Beed district of Maharashtra. The plant is expected to generate over 100 gigawatt-hours (GWh) of clean electricity annually, and is aligned with the government's vision for a sustainable energy future , SAEL Industries said. "The 50 MW (AC)...ground-mounted solar project features TOPCon bifacial modules, designed for high energy yield and performance reliability," the clean energy solutions provider said. The project is backed by a 25-year Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Company Limited (MSEDCL), offering long-term revenue and tariff stability in accordance with industry best practices, it said. "As we expand our renewable energy footprint in India, we want to provide sustainable infrastructure that benefits both people and the environment," Laxit Awla, Director at SAEL Industries, said. SAEL Industries is a renewable energy company with a presence in agri waste-to-energy, utility-connected solar, and solar module manufacturing. It has a portfolio of over 6.7 GW of solar independent power producer assets across India.
&w=3840&q=100)
Business Standard
16 hours ago
- Business
- Business Standard
SAEL Industries arm commissions 50 MW solar project in Maharashtra
The plant is expected to generate over 100 gigawatt-hours (GWh) of clean electricity annually, and is aligned with the government's vision for a sustainable energy future, SAEL Industries said Press Trust of India New Delhi Solar RE Power, a subsidiary of SAEL Industries, on Tuesday said it has commissioned a 50 MW solar power plant in Beed district of Maharashtra. The plant is expected to generate over 100 gigawatt-hours (GWh) of clean electricity annually, and is aligned with the government's vision for a sustainable energy future, SAEL Industries said. "The 50 MW (AC)...ground-mounted solar project features TOPCon bifacial modules, designed for high energy yield and performance reliability," the clean energy solutions provider said. The project is backed by a 25-year Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Company Limited (MSEDCL), offering long-term revenue and tariff stability in accordance with industry best practices, it said. "As we expand our renewable energy footprint in India, we want to provide sustainable infrastructure that benefits both people and the environment," Laxit Awla, Director at SAEL Industries, said. SAEL Industries is a renewable energy company with a presence in agri waste-to-energy, utility-connected solar, and solar module manufacturing. It has a portfolio of over 6.7 GW of solar independent power producer assets across India.
News18
17 hours ago
- Business
- News18
SAEL Industries arm commissions 50 MW solar project in Maharashtra
New Delhi, Jul 29 (PTI) Solar RE Power, a subsidiary of SAEL Industries, on Tuesday said it has commissioned a 50 MW solar power plant in Beed district of Maharashtra. The plant is expected to generate over 100 gigawatt-hours (GWh) of clean electricity annually, and is aligned with the government's vision for a sustainable energy future, SAEL Industries said. 'The 50 MW (AC)…ground-mounted solar project features TOPCon bifacial modules, designed for high energy yield and performance reliability," the clean energy solutions provider said. The project is backed by a 25-year Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Company Limited (MSEDCL), offering long-term revenue and tariff stability in accordance with industry best practices, it said. 'As we expand our renewable energy footprint in India, we want to provide sustainable infrastructure that benefits both people and the environment," Laxit Awla, Director at SAEL Industries, said. SAEL Industries is a renewable energy company with a presence in agri waste-to-energy, utility-connected solar, and solar module manufacturing. It has a portfolio of over 6.7 GW of solar independent power producer assets across India. PTI ABI ABI SHW Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
14-07-2025
- Business
- Time of India
SAEL Industries to invest ₹8,200 crore in Greater Noida solar unit
New Delhi: SAEL Industries said on Monday that it will invest around ₹8,200 crore to set up a facility with a 5 GW solar cell manufacturing unit and a 5 GW module manufacturing line in Greater Noida. The integrated solar manufacturing project , being executed by subsidiary SAEL Solar P6 Pvt Ltd, will take the company's total solar module manufacturing capacity to 8.5 GW. The plant will produce tunnel oxide passivated contact (TOPCon) solar cells which will be assembled into solar panels at in-house module manufacturing line, the company said. SAEL is keen on backward integration to support its solar power business and the domestic solar value chain , it said. It has more than 6.7 GW of solar power assets that include operational and under-construction projects in India. It has a 3.5 GW TOPCon module assembly capacity.
The Print
14-07-2025
- Business
- The Print
SAEL Industries to set up Rs 8,000 cr solar facility in Uttar Pradesh
Uttar Pradesh Chief Minister Yogi Adityanath has given assurance to SAEL Industries Co-Founder and Director Sukhbir Singh for the project slated to commence construction this year, it said. The facility will house a 5 GW solar cell manufacturing unit and a 5 GW solar module manufacturing line. Post-operationalisation, SAEL's total solar manufacturing capacity will rise to 8.5 GW, the company said in a statement. New Delhi, Jul 14 (PTI) SAEL Industries will invest around Rs 8,000 crore to set up a solar manufacturing facility in Greater Noida, Uttar Pradesh, according to a statement released on Saturday. 'Uttar Pradesh is charting a bold and aggressive path towards renewable energy, setting an ambitious target of generating green energy. Projects like the one undertaken by SAEL's Rs 8,000 crore are vital to achieving this. This is the future, and Uttar Pradesh is ready to lead,' Yogi Adityanath was quoted as saying. Singh said the facility will be a major leap for scaling up manufacturing capabilities and aligns with the state's solar policy. The plant is expected to strengthen the domestic supply chain and reducing reliance on solar equipment imports. The plant will produce TOPCon (Tunnel Oxide Passivated Contact) solar cells, recognized globally for their efficiency standards in solar cell technology. These cells will be assembled into solar panels at the in-house Module Manufacturing Line. SAEL Industries is a renewable energy company with a presence in Agri Waste-to-Energy, Utility-connected Solar, and Solar Module Manufacturing. SAEL has a portfolio of over 6.7 GW of solar independent power producer assets across India. PTI ABI MR This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
