Maharashtra: SAEL Commissions 50 MW Solar Plant For MSEDCL

Punjab-based SAEL Industries, through its subsidiary SAEL Solar RE Power, has successfully commissioned a 50 MW solar power project in Beed district, Maharashtra. The integrated renewable energy company explained that the ground-mounted solar project features TOPCon bifacial modules, designed for high energy yield and performance reliability. 

Sharing the details about the project, SAEL Industries mentioned, "The plant is expected to generate over 100 gigawatt-hours (GWh) of clean electricity annually, adding to India’s renewable energy capacity. 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 per industry practices."

Speaking about the new plant, Laxit Awla, Director, SAEL Industries Limited, said, “The commissioning of the solar power plant in Beed marks our contribution to Maharashtra’s renewable energy ambition. By closely working with the communities and state authorities, we are ensuring that clean energy becomes more accessible to households across the region.” 

Company's Current Portfolio

While sharing SAEL’s renewable energy portfolio, the company mentioned that it continues to scale new milestones, with over 6.7 GW (DC) of solar IPP assets deployed across India, encompassing both operational and under-construction projects. 

The company highlighted its backward-integrated solar module manufacturing capacity of 3.7 GW, which leverages advanced TOPCon technology to enhance efficiency and foster innovation.

The company also mentioned the status of its waste-to-energy vertical, stating, "In addition to its solar initiatives, SAEL is supporting the growth of sustainable energy through its agricultural waste-to-energy model, operating 11 power plants across three states with a combined capacity of 165 MW."