Solar Energy Corporation of India gets 'Miniratna Category-I' status

By  India Blooms News Service   Apr 13, 2023

New Delhi: Solar Energy Corporation of India Limited (SECI) has been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE), an official statement said.

Incorporated in the year 2011, SECI is the primary implementing agency of the Union Ministry of New and Renewable Energys schemes and projects towards the fulfillment of Indias international commitments.

SECI has been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) on 10th April, 2023. A communication to this effect has been issued by MNRE. We express our gratitude to@mnreindia @OfficeOfRKSingh @DPE_GoI@PMOIndia @bhagwantkhuba

To 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 entities as Project Management Consultant (PMC). SECI enjoys the highest credit rating of AAA by ICRA.

Speaking on the achievement, SECI Managing Director Suman Sharma said SECI has achieved this feat in a short period of time owing to its consistent performance, speed and flexibility in operations.

SECI has played a central role in the rapid increase of RE generation capacity in the country and has contributed towards the nations climate commitments, carbon emission reduction strategies and sustainable energy transition.

She further reaffirmed SECIs commitment towards achieving the Prime Ministers Panchamrita targets and to be an integral part in achieving the 500 GW of non-fossil fuel based capacity by 2030.