SECI achieves ‘Excellent’ rating in MoU performance for FY'25

New Delhi: Solar Energy Corporation of India Limited (SECI) has achieved an ‘Excellent’ rating in its performance under the Memorandum of Understanding (MoU) signed with the Ministry of New & Renewable Energy (MNRE) for FY 2024–25, securing a high score of 97.36 out of 100.

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The rating reflects SECI’s strong institutional performance across key parameters, including operational efficiency, financial performance, project execution and adherence to corporate governance standards. The evaluation underscores the corporation’s effective implementation of its mandated objectives and contribution to India’s renewable energy targets.

A Navratna Central Public Sector Enterprise, SECI continues to play a pivotal role in the expansion of renewable energy in the country. As of December 31, 2025, the corporation has awarded over 76 GW of cumulative renewable energy capacity, while the capacity of Power Sale Agreements (PSAs) signed has crossed 60 GW.

During FY 2024–25, SECI recorded an 18.48 percent increase in annual power trading volume to 50.87 billion units. The corporation’s total income for the year exceeded Rs 15,000 crore, registering a 16.54 percent year-on-year growth, while Profit After Tax stood at Rs 501.92 crore, up 15.11 percent from the previous year.

The MoU performance highlights SECI’s continued role in driving large-scale renewable energy projects and supporting India’s transition towards clean and sustainable energy in line with national policy objectives.

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