In Short : SECI earned an ‘Excellent’ MoU performance rating for FY 2024–25, reflecting strong execution across renewable energy procurement, project implementation, and institutional governance. The achievement highlights consistent operational efficiency, transparent processes, and timely delivery of national clean energy objectives, reinforcing SECI’s role as a central catalyst in scaling renewable capacity and strengthening India’s energy transition through collaboration, innovation, and programme management.
In Detail : Solar Energy Corporation of India Ltd. (SECI) has achieved an “Excellent” rating for its performance under the Memorandum of Understanding (MoU) signed with the Ministry of New & Renewable Energy (MNRE) for the financial year 2024–25.
The assessment reflects SECI’s strong institutional performance and effective implementation of its mandated objectives during the year.
In the MoU performance evaluation, SECI secured an impressive score of 97.36 out of 100, underscoring its operational efficiency, governance standards, and contribution to advancing India’s renewable energy goals.
The rating reflects SECI’s performance across key parameters including operational efficiency, financial performance, project execution, and adherence to corporate governance standards.
SECI, a Navratna Central Public Sector Enterprise, continues to play a significant role in the implementation of India’s renewable energy programmes. As of 31 December 2025, the corporation has awarded over 76 GW of cumulative renewable energy generation capacity, while the capacity of Power Sale Agreements (PSAs) signed has crossed 60 GW, underscoring its leadership in the sector.
During FY 2024–25, SECI recorded an 18.48 percent increase in annual power trading volume, with 50.87 billion units traded. The corporation’s total income for the year exceeded 15,000 croreINR, registering a 16.54 percent year-on-year growth. SECI also reported a Profit After Tax (PAT) of ₹501.92 crore, reflecting a growth of 15.11 percent over the previous financial year.
The performance under the MoU underscores SECI’s continued contribution to India’s renewable energy goals through large-scale project implementation, power trading, and financial discipline. SECI remains committed to supporting the country’s transition towards clean and sustainable energy in line with national policy objectives.
Solar Energy Corporation of India Limited (SECI) is a leading Navratna Central Public Sector Enterprise (CPSE) under the aegis of Ministry of New and Renewable Energy, focused on expansion of Renewable Energy (RE) in the country. Appointed as a nodal agency by the Government, SECI plays a key role in meeting the country’s RE goals and spearheading the RE sector with innovative project configurations.
