New Delhi: In a significant development for India's renewable energy sector, Joshit Ranjan Sikidar has taken on the role of Director (Finance) at the Solar Energy Corporation of India Limited (SECI). Sikidar assumed office on Tuesday, following the approval of his appointment by the Appointments Committee of the Cabinet (ACC).

Sikidar brings with him a wealth of experience, boasting credentials as a Chartered Accountant, Company Secretary, Cost Accountant, and MBA (Finance), with over 30 years of post-qualification expertise. Prior to his appointment as Director (Finance) at SECI, he served as the Group General Manager (Finance) and Company Secretary at RITES Limited. His career history also includes over 16 years at NSPCL (a joint venture of NTPC & SAIL) and more than 9 years at SAIL – Bhilai Steel Plant.

His expertise spans across a spectrum of financial areas, including Finance Establishment, Corporate Expenditure, Corporate Taxation Cell, Treasury Functions, Expotech Finance, Compliance, and Corporate Governance.

SECI, a Miniratna Category-I CPSU under the administrative control of the Ministry of New and Renewable Energy (MNRE), holds a pivotal role in advancing the renewable energy sector in India. The organization acts as a nodal agency for the implementation of various MNRE schemes and has ventured into turnkey solar project development for multiple PSUs and government departments. Furthermore, SECI holds a Category 1 power trading license and actively engages in solar power trading from projects developed under its implemented schemes. /BI/