ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

DFC, Norfund, and Others Infuse $1 Billion into Sael Industries
POWER & RENEWABLE ENERGY

DFC, Norfund, and Others Infuse $1 Billion into Sael Industries

This financing agreement underscores the confidence of international investors in Sael Industries and its contributions to the renewable energy landscape. The funding, led by DFC and Norfund, is expected to catalyze Sael Industries' expansion plans and reinforce its position in the global renewable energy market.

The $1 billion investment is intended to support Sael Industries' ongoing and upcoming projects, fostering innovation and sustainability in the renewable energy sector. This financial backing aligns with the company's commitment to driving positive change in the energy industry, particularly in the development and implementation of clean and efficient energy solutions.

As the world continues to prioritize renewable energy sources, partnerships and investments like these play a crucial role in accelerating the transition to a sustainable energy future. Sael Industries' collaboration with DFC, Norfund, and others not only signifies the company's growth trajectory but also highlights the global community's recognition of the importance of investing in renewable energy for a more sustainable and eco-friendly world.

This financing agreement underscores the confidence of international investors in Sael Industries and its contributions to the renewable energy landscape. The funding, led by DFC and Norfund, is expected to catalyze Sael Industries' expansion plans and reinforce its position in the global renewable energy market. The $1 billion investment is intended to support Sael Industries' ongoing and upcoming projects, fostering innovation and sustainability in the renewable energy sector. This financial backing aligns with the company's commitment to driving positive change in the energy industry, particularly in the development and implementation of clean and efficient energy solutions. As the world continues to prioritize renewable energy sources, partnerships and investments like these play a crucial role in accelerating the transition to a sustainable energy future. Sael Industries' collaboration with DFC, Norfund, and others not only signifies the company's growth trajectory but also highlights the global community's recognition of the importance of investing in renewable energy for a more sustainable and eco-friendly world.

Next Story
Infrastructure Transport

Dassault To Build Falcon Jets In India With Reliance

Reliance Infrastructure Ltd’s subsidiary, Reliance Aerostructure, has signed an agreement with France’s Dassault Aviation to manufacture Falcon 2000 business jets in India, with the first batch expected to roll out from its Nagpur facility by 2028. This marks the first time a Falcon aircraft will be entirely built outside France.The announcement sent Reliance Infrastructure shares surging, hitting the 5 per cent upper circuit on the BSE. Anil Ambani, Chairman of Reliance Group, hailed the agreement as a “symbol of India’s technological and manufacturing strength�, adding that it aims..

Next Story
Infrastructure Urban

INDEA Lays Foundation for India’s First Auto Design School

The Indian School for Design of Automobiles (INDEA), the country’s first institute focused solely on automobile design and management, held its foundation stone ceremony at XLRI Delhi-NCR. The event was graced by Union Minister for Road Transport and Highways, Nitin Gadkari, who virtually unveiled the stone as Chief Guest.INDEA aims to become a premier talent hub, driving innovation in the Indian automotive sector. The school will focus on advanced design, mobility solutions, and sustainable practices, playing a vital role in shaping India’s transition from a cost-driven to a quality-led a..

Next Story
Infrastructure Transport

Karnataka Launches Global Innovation Hub at Airport City

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capi..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement