SECI records over 59% jump in RE power trading volume during FY 2022-23
Solar Energy Corporation of India Limited (SECI) has traded over 35 Billion Units, a jump of over 59% in its Renewable Energy power trading volume during FY 2022-23 over the previous year.
SECI records over 59% jump in RE power trading volume during FY 2022-23
NEW DELHI- Solar Energy Corporation of India Limited (SECI) has traded over 35 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.
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.
Read Also : Energy tech startup ChargeMOD and HPCL joins hand for EV charging setupSolar Energy Corporation of India Limited (SECI) is a Miniratna Category-I Central Public Sector Enterprise (CPSE) 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 fulfilment of India's international commitments.
Read Also : Venture debt funding steadily expands in Indian fintech and EV startups: ReportTill 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 entitites as Project Management Consultant (PMC). SECI enjoys highest credit rating of AAA by ICRA.
Read Also : Three mining PSUs HCL, MECL and JNARDDC secures awards in National Learning WeekNews Must Read
- EIL Achieves Milestone: 5 Catofin Reactors Erected at GAIL USAR PDH-PP
- NTPC-ONGC GE JV likely to be highest bidder for $650mn project of Ayana Renewable
- REC Subsidiary handed over SPV to Tata Power
- BHEL wins 2x800 MW Koderma Thermal Power Project Phase II EPC contract from DVC
- GAIL signs 10 year agreement with ADNOC Gas
- Hindustan Aeronautics Q2 Results: Net profit increases by 22%, revenue jumps 6%
- NBCC Q2 results, Net Profit rises 53% to Rs 122 Crore
- NBCC Appoints Anjeev Kumar Jain as New CFO
- NALCO shares gains over 4% with strong Q2 results, PSU stock declares dividend
- NALCO Q2 FY25 results: Net Profit zooms, announced dividend