Norfund invests Rs 500 crore for undisclosed stake in SAEL
Norway’s state-owned Norfund has invested Rs. 500 crore in waste-to-energy maker SAEL for an undisclosed stake, as per a statement on the former’s website.
The Delhi-based SAEL has the largest capacity of waste-to-energy generation plants of around 160 gigawatts. The company uses stubble left as a by-product of rice cultivation to generate energy.
