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SECI Marks 15th Foundation Day, Highlights India’s Renewable Energy Growth

Newsmantra — Tue, 22 Sep 2026 09:32:56 +0000

NEW DELHI. The Solar Energy Corporation of India Limited (SECI) celebrated its 15th Foundation Day in New Delhi with a Stakeholders’ Meet attended by senior government officials, industry leaders and financial institutions. Minister of State for New and Renewable Energy and Power, Shri Shripad Yesso Naik, said SECI’s 15-year journey reflects India’s growing leadership in the global renewable energy transition and expressed confidence that the corporation will continue to play a central role in advancing the country’s clean energy vision.

The event featured discussions on emerging opportunities and challenges in India’s energy transition through two thematic sessions—“Reimagining Industry through Green Molecules” and “The Changing Energy Landscape: Distributed Renewables and New Energy Markets.” The sessions focused on green hydrogen and its derivatives, decarbonisation of hard-to-abate sectors, distributed renewable energy, consumer participation, energy markets, policy support, technology and financing.

Since its incorporation on September 20, 2011, SECI has facilitated the commissioning of over 41 GW of renewable energy capacity, signed power sale agreements exceeding 67 GW, and enabled investments of around ₹3.6 lakh crore. The Navratna CPSE under the Ministry of New and Renewable Energy is now expanding its own renewable energy projects while also promoting energy storage, green hydrogen and allied clean-energy technologies.

SECI Managing Director Discusses Wind Power and Resource Adequacy at Industry Panel

Newsmantra — Thu, 18 Jun 2026 10:27:01 +0000

NEW DELHI. Shri Akash Tripathi, IAS, Managing Director of the Solar Energy Corporation of India (SECI), recently participated in a high-level panel discussion focused on resource adequacy for planning renewable energy capacity. Joining senior leaders from both government and industry, Tripathi highlighted the critical role of wind power in driving down energy costs and accelerating India’s transition toward reliable, clean power. The session emphasized strategic resource planning and the optimization of renewable energy procurement to meet future demands. As a pivotal player in the green energy sector, SECI continues to anchor India’s sustainability journey by ensuring transparent procurement processes, fostering robust market development, and driving the successful implementation of large-scale clean energy projects nationwide.

Shri Santosh Kumar Sarangi gets additional charge of SECI CMD

Newsmantra — Tue, 13 May 2025 05:33:58 +0000

Shri Santosh Kumar Sarangi, (IAS 1994 -OR) has been entrusted with an additional charge of CMD of Solar Energy Corporation of India. The appointment was made amid the termination of Shri Rameshwar Prasad Gupta, within the few days before his tenure. Shri Santosh Kumar Sarangi, is presently holding the position of Secretary, Ministry of New & Renewable Energy.

Department of Public Enterprises, Ministry of Finance, Government of India has granted “Navratna Status” to NHPC, SJVN, RailTel and Solar Energy Corporation of India.

Newsmantra — Mon, 02 Sep 2024 05:05:55 +0000

Department of Public Enterprises, Ministry of Finance, Government of India has granted “Navratna Status” to NHPC, SJVN, RailTel and Solar Energy Corporation of India.

With the grant of ‘Navratna’ status, the company should benefit in enhancing the market credibility and in undertaking larger-size PPP projects. NHPC is a CPSE with annual turnover of Rs. 8405 crores and net profit of Rs. 3744 crores for FY 2023-24. SJVN is a CPSE with an annual turnover of Rs. 2833 crores and net profit of Rs 908 crores for FY 2023-24. RCIL is a CPSE with an annual turnover of Rs. 2622 crores and net profit of Rs. 246 crores for FY 2023-24.