SECI Secures USD 26 Million ECB Loan from Woori Bank
Solar Energy Corporation of India has secured a USD 26 million external commercial borrowing loan from Woori Bank to support sustainable infrastructure development.
November 02, 2026. By Mrinmoy Dey
The agreement is expected to support SECI's efforts to advance renewable energy development in India, strengthen energy security and facilitate the expansion of sustainable energy infrastructure.
“This financial partnership reinforces SECI’s commitment to advancing India’s renewable energy ambitions, expanding energy security and building a cleaner, more resilient future,” stated SECI.
Recently, SECI signed its FY27 performance-based MoU with the Ministry of New and Renewable Energy (MNRE), with the government setting a revenue from operations target of INR 24,000 crore for the year.
Last month, SECI and Hintco GmbH agreed on the key terms of a framework agreement for a potential Indo-German H2Global tender to trade renewable fuels of non-biological origin.
In September 2026, SECI signed an MoU with HyperVault AI Data Center to explore the development of captive renewable energy projects for supplying power to the latter’s upcoming data centre facilities in Telangana.
In June 2026, SECI signed its first-ever 700 MW Commercial and Industrial (C&I) renewable energy term sheet with Acme Cleantech Solutions, expanding its clean energy supply portfolio beyond DISCOMs to cater to India's growing C&I market.
In the same month, SECI and MahaGenco Renewable Energy signed an MoU to jointly explore and develop renewable energy and emerging clean energy projects with a potential pipeline of up to 5 GW, spanning FDRE, RTC power, energy storage and green hydrogen technologies.
In April 2026, the Ministry of New and Renewable Energy (MNRE) designated SECI as the sole Renewable Energy Implementing Agency (REIA) for the issuance of renewable energy procurement bids as an intermediary procurer.
please contact: contact@energetica-india.net.
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