https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

SECI Crosses 60 GW in Power Sale Agreements, Strengthening India’s Renewable Energy Push – Sets Stage for Green Hydrogen & Storage Expansion

Milestone Signals Growing Investor Confidence and Accelerated Clean Energy Transition
Indian Masterminds Stories

New Delhi: In a landmark achievement for India’s clean energy sector, the Solar Energy Corporation of India Limited (SECI) has executed Power Sale Agreements (PSAs) totaling more than 60 Gigawatts (GW) of renewable energy capacity. The announcement marks a major step forward in the country’s mission to create a low-carbon energy economy and meet its global climate commitments.

SECI, a Navratna Central Public Sector Enterprise under the Ministry of New and Renewable Energy (MNRE), has emerged as a central institution in facilitating India’s transition to sustainable energy since its inception in 2011.

Power Sale Agreements Spanning Solar, Wind, and Hybrid Projects
The 60 GW milestone reflects a diverse portfolio of renewable energy projects, including solar, wind, and hybrid configurations. These PSAs ensure long-term offtake of clean energy, offering payment security to project developers and boosting investor confidence.

Such agreements play a vital role in de-risking renewable energy investments by creating predictable revenue streams, thereby catalyzing capital inflow into India’s growing RE market.

CMD’s Statement: A Strategic Leap Toward Clean Energy Targets
Shri Santosh Kumar Sarangi, Chairman and Managing Director of SECI, emphasized the strategic value of the milestone:

“The signing of 60 GW worth of Power Sale Agreements within just fourteen years of establishment marks a pivotal moment for SECI’s journey. SECI continues to be at the forefront of ensuring that India stays on track to meet its ambitious clean energy targets. We are proud to contribute to the nation’s transition towards a sustainable and low carbon future.”

Next Phase: Storage, Green Hydrogen, and Innovation

Looking ahead, SECI aims to expand its role through-

  • Innovative energy storage solutions
  • Green hydrogen and green ammonia projects
  • Supply chain strengthening
  • New models for flexible power supply

These initiatives are designed to deepen energy resilience, create industrial synergies, and advance India’s Nationally Determined Contributions (NDCs) under the Paris Agreement.

About SECI

The Solar Energy Corporation of India (SECI) is a nodal agency under the Ministry of New and Renewable Energy (MNRE), responsible for implementing renewable energy schemes and facilitating large-scale solar and wind energy projects across India. It’s a Navratna Central Public Sector Undertaking (CPSE). SECI plays a key role in power procurement, project development, and auction facilitation to accelerate India’s clean energy transition. It is dedicated to the growth and development of Renewable Energy (RE) in India, particularly in solar energy.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
NCST Holds Review Meeting with NHPC
NCST Holds Review Meeting with NHPC on Implementation of Safeguards for Scheduled Tribe Employees
MP CM Collector Award Niti Aayog
Sampurnata Abhiyan: Madhya Pradesh Leads NITI Aayog Campaign; Collectors from 8 Districts Win Gold
Mohan Yadav
MP CM Mohan Yadav Pushes for Sustainable, Community-Driven Rural Water Policy; Targets 100% Tap Coverage by March 2027
Ajay Bhadoo IAS
IAS Ajay Bhadoo Gets Extended Term as DGFT - What It Means & His Career Journey
THDCIL_Receives_ABMS_Certification_for_Integrity_and_Transparency
THDC India (THDCIL) Awarded ISO 37001:2016 Anti-Bribery Certification by BIS - Details Inside
Ministry of Environment
Environment Ministry Clarifies Petrol Vehicle Tender, Cites E-Vehicle Flexibility
Bokaro Steel Plant
PESB Selects Priya Ranjan to Head Bokaro Steel Plant, SAIL’s Key Production Unit
REC Limited wins ‘Best Design Thinking Award’ at 5th Distinguished NBFC (DNA) Awards
REC Limited Bags ‘Best Design Thinking Award’ at 5th Distinguished NBFC Awards
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr
Resisted Flawed Schemes, Transferred Thrice In Three Months, Found Solace In Writing
WhatsApp Image 2025-08-11 at 4.48
IAS SVR Srinivas on Mumbai Trans Harbour Link, Tough Calls, and the Real Power of IAS Officers | Video Interview
WhatsApp Image 2025-08-08 at 5.25
Dharavi Redevelopment: IAS Minds Turning 100-Year-Old Slum into a Modern City | Video Interview
ADVERTISEMENT
UPSC Stories
IAS Minnu P M
“Lazy, Sleepy, Yet Determined”: Minnu P M’s Honest Take on Cracking UPSC
Minnu PM, once a clerk in Kerala Police, cleared UPSC with AIR 150 after five years of struggle. Her...
IPS Ashish Tiwari
From IIT and Investment Banking to Public Service, Meet IPS Ashish Tiwari 
Ashish Tiwari, IIT graduate and former investment banker, chose public service over global finance. As...
WhatsApp Image 2025-08-12 at 7.27
First Attempt IRS, Fourth Attempt IPS: The Relentless Pursuit of Jitendra Kumar Yadav Who Cracked UPSC 3 Times
IPS Yadav is originally from Chhattisgarh. He was first selected for the IRS through UPSC and later for...
Social Media
Masahiro Hara
From Go Board to Global Use, How QR Codes Changed the World: IRAS Officer Ananth Rupanagudi Spotlights Masahiro Hara’s Vision
IRAS officer Ananth Rupanagudi shared a video on Masahiro Hara, the inventor of QR codes, highlighting...
IFS Susanta Nanda Video
A Mother’s Duty: Tigress Watches Over Cubs Splashing in Waterhole — Heartwarming Video Shared By Retd. IFS Officer Susanta Nanda
A tender wildlife video shared by Retd. IFS officer Susanta Nanda shows a tigress keeping watch over...
Mohanmala
Kaziranga Mourns: Beloved Elephant Mohanmala Passes Away After Five Decades of Service
Kaziranga National Park mourns the loss of Mohanmala, a beloved elephant who served over 50 years as...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
NCST Holds Review Meeting with NHPC
NCST Holds Review Meeting with NHPC on Implementation of Safeguards for Scheduled Tribe Employees
MP CM Collector Award Niti Aayog
Sampurnata Abhiyan: Madhya Pradesh Leads NITI Aayog Campaign; Collectors from 8 Districts Win Gold
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
Dr
WhatsApp Image 2025-08-11 at 4.48
WhatsApp Image 2025-08-08 at 5.25
ADVERTISEMENT
ADVERTISEMENT