Indian Economy News

SECI’s 15-Year Journey Marks India’s Growing Renewable Energy Leadership

  • IBEF
  • September 22, 2026

Solar Energy Corporation of India Limited (SECI) marked its 15th Foundation Day with a Stakeholders’ Meet in New Delhi, highlighting its expanding role in India’s renewable energy transition. Minister of State for New and Renewable Energy and Power Mr. Shripad Yesso Naik, said SECI’s 15-year journey reflects India’s growing leadership in the global renewable energy transition. Established on September 20, 2011, as an implementing agency for the National Solar Mission, SECI has expanded its mandate to cover the broader renewable energy ecosystem. The corporation is now a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of New and Renewable Energy (MNRE), with activities spanning renewable power procurement, green hydrogen, energy storage and emerging clean energy markets.

Over 15 years, more than 41 GW of renewable energy generation capacity has been commissioned through third-party developers through SECI interventions. The corporation has also signed power sale agreements for more than 67 GW with various distribution companies (DISCOMs) and consumers and enabled cumulative market investments of approximately Rs. 3.60 lakh crore (US$ 37.81 billion). The Stakeholders’ Meet featured discussions on green hydrogen and derivatives, distributed renewable energy and emerging energy markets. Sessions examined opportunities for green molecules to support decarbonisation in hard-to-abate sectors, along with the policy, infrastructure, technology and financing requirements for scaling these markets. Discussions on distributed renewables covered consumer participation, integration of distributed energy resources and emerging market mechanisms. SECI is also expanding its activities in energy storage, green hydrogen and other clean energy technologies, reflecting the evolving requirements of India’s energy transition.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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