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ADB and SAEL Sign Agreement for INR 754 Crore to Promote Biomass Energy in India

The Asian Development Bank (ADB) and SAEL Industries Limited have signed an agreement of up to INR 754 Crores (around $91.14 million) to promote the generation of biomass energy using agricultural residue, helping diversify India’s energy mix and reduce carbon intensity.

Northern India | March 24, 2023 | By News Bureau 2280

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