Solar Energy Corporation of India Ltd (SECI) –
ECONOMY
News: Granted Navratna status on August 30, 2024, enhancing its financial
and operational autonomy
What’s in the news?
·
Established: 2011
·
Parent
Ministry: Ministry of New and
Renewable Energy (MNRE), Government of India
·
Purpose: Promote and facilitate the development of
solar energy projects in India
Functions:
- Develop
and operate solar power projects
- Facilitate
project implementation through policy support and financial assistance
- Promote
solar energy technology and innovation
Key Initiatives:
- Solar
park development
- Implementation
of various solar power schemes
- Support
for large-scale solar projects and rooftop solar installations
- Capacity: Cumulative generation capacity of 69.25
GW
- Turnover: ₹13,118.68 crore
- Mission: Enhance the deployment of solar energy,
contributing to India’s renewable energy goals and reducing carbon
emissions
- Headquarters: New Delhi, India
- Recent Development: Granted Navratna status on August 30,
2024, enhancing its financial and operational autonomy
Source
: https://pib.gov.in/PressReleasePage.aspx?PRID=2050232