New Delhi: Solar Energy Corporation of India (SECI) has signed a Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for FY 2026-27, with a revenue target of Rs 24,000 crore.
The agreement was signed by MNRE Secretary Santosh Kumar Sarangi and SECI Director (Finance) Joshit Sikidar at the Atal Akshay Urja Bhawan in New Delhi in the presence of representatives from both sides.
Sikidar said SECI would continue to play a leading role in India's renewable energy sector by building on its performance record.
The MoU sets performance targets across key areas, including renewable energy trading, project execution, capital expenditure, Return on Net Worth, and other priorities as identified by the administrative ministry.
About SECI
SECI is a CPSU under the Ministry of New and Renewable Energy, established in 2011 to promote the National Solar Mission (NSM).
