A consortium of investors completed a $1bn investment in SAEL Industries.

A consortium of investors including Norfund, DFC, ADB, and Tata Cleantech, completed a $1bn investment in SAEL Industries, a renewable energy company. “By collecting the crop stubble to be used as fuel in our waste-to-energy plants, we contribute to combat one of our nation’s greatest health issues, while at the same time creating local employment and extra income to farmers and local entrepreneurs. This partnership with Norfund will fast track implementation of these projects, making us one of the leaders in this space," Jasbir Awla, SAEL Chairman and Managing Director.