New Delhi: Solar Energy Corporation of India Limited, SECI, has received an ‘Excellent’ rating for its performance under the Memorandum of Understanding signed with the Ministry of New and Renewable Energy, MNRE, for FY 2024,25. The corporation secured a score of 97.36 out of 100.
The assessment reflects SECI’s performance across parameters such as operational efficiency, financial management, project execution and compliance with corporate governance norms. The evaluation highlights the organisation’s progress in meeting its assigned targets and supporting India’s renewable energy programme.
SECI, a Navratna Central Public Sector Enterprise, continues to be a key implementing agency for renewable energy initiatives in the country. As of December 31, 2025, it has awarded more than 76 GW of cumulative renewable energy capacity, while Power Sale Agreements signed by the corporation have crossed 60 GW.
During FY 2024,25, SECI reported an 18.48 percent rise in annual power trading volume, reaching 50.87 billion units. The corporation’s total income for the year crossed Rs 15,000 crore, marking a 16.54 percent year-on-year increase. Profit After Tax stood at Rs 501.92 crore, reflecting a growth of 15.11 percent compared to the previous year.
The MoU performance reflects SECI’s ongoing work in implementing large-scale renewable energy projects and supporting India’s transition towards clean and sustainable energy in line with national policy objectives.
BI Bureau
