Incorporated in 2022, Sael Industries is one of India’s top five renewable energy independent power producers (IPPs) with in-house solar module manufacturing, EPC, and O&M capabilities.

As of September 30, 2025, its total contracted and awarded renewable capacity is 5,765.70 MW (8,464.40 MWp), including 5,600.80 MW (8,299.51 MWp) of solar projects, and 164.90 MW of agri waste-to-energy (AgWTE) projects. These projects are spread across 10 Indian states and 1 union territory. The company has long-term power purchase agreements (PPAs) with central and state government off-takers and private companies.

Agri Waste-to-Energy (AgWTE): We are a pioneer and the largest operator in India’s AgWTE sector. The plants use paddy straw and other crop residues to generate clean electricity, helping reduce stubble burning and air pollution in North India.

As of September 30, 2025, the company operates 10 AgWTE plants (150 MW) and are building one more in Rajasthan (14.9 MW).

Solar Power Business: The company entered the solar power sector in 2011 and grew rapidly since 2016. Its largest solar project is a 1,000 MWp solar IPP in Khavda, Gujarat, completed in just 16 months.

It has 29 utility-scale and 25 rooftop solar projects, with total solar capacity of 5,600.80 MW (8,299.51 MWp).

Solar Module Manufacturing: It is among India’s leading TopCon solar module manufacturers with 3,625 MW annual capacity across Punjab and Rajasthan. The comapny is also planning to set up a new 5 GW solar cell and 5 GW module manufacturing facility in Greater Noida, Uttar Pradesh.

Competitive Strengths

• Leading renewable energy power producer in India
• Strong off-taker profile and long-term power purchase agreements
• Pioneering business model with strong agri waste-to-energy capabilities backed by robust performance
• Robust capital management with access to diversified sources of funding and financial performance
• Proven execution capabilities with in-house Engineering, Procurement and Construction and Operations & Maintenance functions
• Experienced board and Promoter-led management team