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

The funding will support five biomass power projects in Rajasthan

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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 (~$91.16 million) to promote biomass energy generation using agricultural residue.

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