Solar Energy Corporation of India (SECI)

12-Apr-2023: Solar Energy Corporation of India gets 'Miniratna Category-I' status

Solar Energy Corporation of India Limited (SECI) has been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) on Monday, 10th April, 2023. A communication to this effect has been issued by the Ministry of New and Renewable Energy, Govt. of India.

Incorporated in the year 2011, SECI is the primary implementing agency of the Ministry of New and Renewable Energy, Govt. of India for Renewable Energy schemes/projects towards fulfillment of India's international commitments. Till date, SECI has awarded Renewable Energy (RE) project capacities of over 56 GW. SECI is also active in setting up of projects through its own investments as well as for other public sector entities as Project Management Consultant (PMC). SECI enjoys highest credit rating of AAA by ICRA.

Speaking on the achievement, Ms. Suman Sharma, Managing Director, SECI said that SECI has achieved this feat in a short period of time owning to its consistent performance, speed and flexibility in operations. "SECI has played a Central role in the rapid increase of RE generation capacity in the country and has contributed towards the nation's climate commitments, carbon emission reduction strategies and sustainable energy transition.” She has further reaffirmed SECI’s commitment towards achieving the Honourable Prime Minister’s ‘Panchamrita’ targets and to be an integral part in achieving the 500 GW of non-fossil fuel based capacity by 2030.

2022

9-May-2022: SECI signs MoU with MHA to set up Solar Energy panels

Solar Energy Corporation of India (SECI) has signed an MoU with the Union Ministry of Home Affairs in order to harness the potential of solar energy on the available rooftop areas in the campuses of the Central Armed Police Forces (CAPF) and National Security Guard (NSG). Shri Ajay Kumar Bhalla, Union Home Secretary and Shri Indu Shekhar Chaturvedi, Secretary MNRE were present on the occasion.

The MoU was signed by Shri Rakesh Kumar Singh, Joint Secretary, MHA and Smt. Suman Sharma, MD, SECI. Speaking on the occasion, Ms. Suman Sharma said, “SECI is happy to serve the Government of India for fulfilling India’s climate commitments and look forward to expanding rooftop solar sector to the remotest corners of the country.”

The MoU is a step ahead towards supply of green power to the country's security forces and reinforces the government's commitment towards a sustainable future. The MoU will support MHA in implementing rooftop solar plants under RESCO model.

Solar Energy Corporation of India (SECI), a PSU under Ministry of New and Renewable Energy (MNRE), that is engaged in promotion and development of various renewable energy resources, especially solar energy, trading of power, R&D etc. SECI is also the designated implementing agency for many Govt. RE schemes like VGF schemes, ISTS schemes, CPSU schemes etc.