New Delhi: The Solar Energy Corporation of India Limited (SECI) and the Council on Energy, Environment and Water (CEEW) have signed a Memorandum of Understanding (MoU) to strengthen collaboration in advancing India’s renewable energy sector and supporting the country’s clean energy transition.
The strategic partnership aims to develop next-generation renewable energy business models, promote innovative power market mechanisms, strengthen clean energy markets, and contribute to India’s long-term climate and sustainability goals.
MoU Exchanged in the Presence of Senior Leadership
The Memorandum of Understanding was exchanged in the presence of:
- Mr. Akash Tripathi, Managing Director, SECI
- Dr. Arunabha Ghosh, Chief Executive Officer (CEO), CEEW
The agreement was formally signed by:
- Mr. Prashant Soni, Deputy General Manager, SECI
- Dr. Arunabha Ghosh, CEO, CEEW
The signing ceremony was also attended by Mr. Sivakumar V. Vepakomma, Director (Power Systems), SECI.
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Focus on Future-Ready Renewable Energy Business Models
Under the partnership, SECI and CEEW will jointly work to design and develop future-ready renewable energy business models that can support India’s rapidly evolving power sector.
The collaboration will focus on:
- Developing innovative renewable energy business models.
- Strengthening next-generation power procurement mechanisms.
- Supporting the design of modern electricity market frameworks.
- Promoting clean energy market development.
- Accelerating India’s clean energy transition through innovation.
- Encouraging knowledge sharing and institutional collaboration.
- Building capacity across the renewable energy ecosystem.
Partnership to Strengthen India’s Renewable Energy Ecosystem
The collaboration is expected to create a more efficient, competitive, and sustainable renewable energy ecosystem in India.
By combining SECI’s implementation expertise with CEEW’s policy research and analytical capabilities, the partnership aims to support the development of market-based solutions that improve renewable energy deployment while enhancing energy security and sustainability.The initiative is also expected to contribute to India’s long-term renewable energy targets and climate commitments by encouraging innovation and improving the effectiveness of clean energy markets.
Supporting India’s Clean Energy and Climate Goals
The SECI–CEEW partnership aligns with India’s broader vision of expanding renewable energy capacity, reducing carbon emissions, and achieving net-zero ambitions.Through collaborative research, policy support, and innovative market design, both organisations aim to accelerate the transition towards a cleaner, more resilient, and sustainable energy system.
About SECI
The Solar Energy Corporation of India Limited (SECI) is a Miniratna Category-I Central Public Sector Enterprise (CPSE) under the Ministry of New and Renewable Energy (MNRE), Government of India. Established in 2011, SECI is the country’s leading renewable energy implementation agency responsible for facilitating large-scale solar, wind, hybrid, green hydrogen, and energy storage projects. It plays a key role in achieving India’s renewable energy targets through competitive bidding, power procurement, project development, and innovative clean energy initiatives.
