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SECI Earns ‘Excellent’ MoU Rating for FY 2024–25

RR Team, January 13, 2026January 14, 2026
The Solar Energy Corporation of India Limited (SECI) has earned an “Excellent” rating for its performance under the Memorandum of Understanding (MoU) signed with the Ministry of New and Renewable Energy (MNRE) for the financial year 2024–25. The top-tier rating underscores SECI’s strong institutional performance, sound governance practices, and effective execution of India’s renewable energy programmes.
With an impressive score of 97.36 out of 100, SECI emerged as a high-performing Central Public Sector Enterprise, reflecting its ability to meet strategic targets while maintaining financial discipline and operational efficiency.

Strong Performance Across Key Parameters

The MoU evaluation assessed SECI across a comprehensive set of performance indicators, including operational efficiency, financial management, project execution and adherence to corporate governance standards. The high score reflects the corporation’s ability to balance rapid expansion with accountability and transparency.

Officials noted that SECI’s consistent delivery on mandated objectives has strengthened its reputation as a reliable implementation agency for India’s clean energy ambitions.

Leadership in Renewable Energy Deployment

A Navratna Central Public Sector Enterprise under MNRE, SECI plays a pivotal role in implementing national renewable energy programmes. As of December 31, 2025, the corporation has awarded over 76 gigawatts (GW) of cumulative renewable energy generation capacity.

In addition, the capacity of Power Sale Agreements signed by SECI has crossed 60 GW, highlighting its central role in facilitating long-term power procurement and market stability for renewable energy developers.

Robust Financial Growth in FY 2024–25

SECI’s financial performance during FY 2024–25 further reinforced its strong MoU rating. The corporation recorded an 18.48 percent increase in annual power trading volume, with total traded power reaching 50.87 billion units.

Total income for the year exceeded ₹15,000 crore, registering a year-on-year growth of 16.54 percent. SECI also reported a Profit After Tax of ₹501.92 crore, marking a growth of 15.11 percent over the previous financial year.

Driving India’s Clean Energy Transition

The strong MoU performance reflects SECI’s continued contribution to India’s renewable energy transition through large-scale project implementation, innovative procurement models and disciplined financial management.

As a designated nodal agency of the Government of India, SECI has spearheaded the development of new project configurations, including hybrid and round-the-clock renewable energy solutions, aimed at enhancing grid reliability and sustainability.

Commitment to National Energy Goals

SECI’s performance aligns closely with national policy objectives to expand clean energy capacity, reduce carbon emissions and strengthen energy security. The corporation’s role in facilitating competitive bidding, power trading and long-term contracting has been instrumental in attracting private investment to the renewable sector.

With a strong institutional framework and consistent results, SECI remains committed to supporting India’s journey towards a cleaner, greener and more sustainable energy future.

News #CleanEnergyIndia#ClimateAction#EnergyTransition#ExcellentRating#GreenEnergy#MNRE#MoUPerformance#NavratnaCPSE#PIBDelhi#PowerTrading#RenewableEnergy#SECI#SolarEnergyCorporationOfIndia#SolarPower#SustainableDevelopmentRenewableIndia

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