Solar Energy Corporation of India (SECI) gets ‘Miniratna Category-I’ status
SECI enjoys highest credit rating of AAA by ICRA
Solar Energy Corporation of India Limited (SECI) has been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) on Monday, 10th April 2023. A communication to this effect has been issued by the Ministry of New and Renewable Energy, Govt. of India.
Incorporated in the year 2011, Solar Energy Corporation of India is the primary implementing agency of the Ministry of New and Renewable Energy, Govt. of India for Renewable Energy schemes/projects towards the fulfilment of India’s international commitments. To date, SECI has awarded Renewable Energy (RE) project capacities of over 56 GW. Solar Energy Corporation of India Limited is also active in setting up 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.
SECI committed to achieving the target of 500 GW of non-fossil fuel-based capacity by 2030: Ms Suman Sharma, MD, SECI
Speaking on the achievement, Ms Suman Sharma, Managing Director, Solar Energy Corporation of India said that Solar Energy Corporation of India Limited has achieved this feat in a short period of time owing to its consistent performance, speed and flexibility in operations. “Solar Energy Corporation of India has played a central role in the rapid increase of RE generation capacity in the country and has contributed towards the nation’s climate commitments, carbon emission reduction strategies and sustainable energy transition.” She has further reaffirmed SECI’s commitment towards achieving the Honourable Prime Minister’s ‘Panchamrita’ targets and to be an integral part in achieving the 500 GW of non-fossil fuel-based capacity by 2030.
Disclaimer: This is an official press release by pib.
