The Ministry of New and Renewable Energy marked the 15th Foundation Day of Solar Energy Corporation of India Limited (SECI), a state-owned company. Speaking at the event, the Minister of State said SECI will remain central to India’s efforts to shift toward clean energy. The celebration brought together policymakers, industry leaders and financial institutions to discuss the future of renewable energy in India.
What SECI has achieved and what it is doing
SECI was incorporated on September 20, 2011, and operates as a Navratna company under the Ministry of New and Renewable Energy. It started as the implementing agency for the National Solar Mission and has since expanded to cover the full renewable energy sector.
Over its 15 years, SECI’s work has resulted in:
- Over 41 gigawatts of renewable energy generation capacity commissioned through third-party developers
- Power purchase agreements worth over 67 gigawatts signed with electricity distribution companies and consumers
- Market investments enabled totalling around 3.6 lakh crores of rupees
The company is now scaling up its own project portfolio and is also involved in promoting energy storage and green hydrogen.
At the Foundation Day gathering, two major discussion sessions took place. The first examined green hydrogen and similar molecules as a way to reduce emissions in difficult-to-decarbonise industrial sectors. The second focused on how distributed renewable energy sources, where consumers generate their own power, are reshaping India’s energy landscape. Both sessions explored the policy support, infrastructure and financing needed to support these emerging areas.
What this means for you
SECI’s expansion into areas like green hydrogen and distributed renewables suggests that renewable energy opportunities in India are widening beyond traditional solar and wind projects. If you work in industry, manufacturing or energy, these developments may create new business possibilities. For consumers, the focus on distributed renewables points toward a future where households and businesses could generate and trade their own renewable power. The scale of investment involved also indicates continued government commitment to renewable energy as a long-term priority.