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SECI records revenue from power trading crosses Rs. 10,000 crore for the first time

Mr. Ajay Yadav, IAS has assumed the charge of Managing Director, Solar Energy Corporation of India Limited (SECI) from w.e.f 31st May 2023.

Solar Energy Corporation of India Limited (SECI) has traded over 35 BU (Billion Units), a jump of over 59% in its Renewable Energy power trading volume during FY 2022-23 over the previous year. Likewise, the revenue from power trading has crossed Rs. 10,000 Crore mark for the first time since its inception.

Speaking on the achievement, Ms. Suman Sharma, MD said, “India is witnessing an energy transition towards sustainable sources at an unprecedented pace and SECI is striving hard to have the maximum contribution in nation’s journey towards 500 GW of non-fossil fuel by 2030, as announced by Hon’ble Prime Minister. Entire team of employees and management of SECI is tirelessly working towards this goal.”

Solar Energy Corporation of India Limited (SECI) is a 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.

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