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Apraava Energy’s Largest Wind Energy Project Now Operational in Gujarat

The Sidhpur wind project was awarded to Apraava Energy as part of the Tranche VIII wind tender sponsored by SECI. With this addition, Apraava’s operational wind portfolio now stands at ~1200 MW.

SECI | January 30, 2025 | By Abha Rustagi |  484

Jakson Green, Blueleaf Energy Announce INR 3400 Cr Partnership for 1 GW Solar Portfolio in Rajasthan

Jakson Green and Blueleaf Energy's partnership will focus on jointly developing and building gigawatt-scale green energy projects in India.

SECI | January 30, 2025 | By Abha Rustagi |  660

ACME Solar Sees 152 Percent PAT Growth to INR 112 Crore

ACME Solar reported a 152 percent YoY increase in PAT, reaching INR 112 crore for Q3 FY25. Revenue grew by 9.9 percent YoY. The company's portfolio expanded to 6,970 MW, with 2,340 MW of PPAs signed.

SECI | January 29, 2025 | By EI News Network |  212

Advait Energy Transitions Secures SECI PLI for 200 MW Alkaline Electrolyser Manufacturing

Ahmedabad-based Advait Energy Transitions has secured SECI's PLI under SIGHT Scheme Tranche-II to establish 200 MW alkaline electrolyser manufacturing in India, supporting the nation’s Green Hydrogen Mission with a five-year implementation timeline.

SECI | January 20, 2025 | By EI News Network |  1000

SECI Achieves 'Excellent' Rating, Cumulative Awarded RE Capacity Surpasses 73 GW

SECI has received an 'Excellent' rating for FY 2023-24, scoring 96/100 under its MoU with MNRE. The company surpassed 73 GW of awarded renewable energy capacity, with a 22.13 percent increase in trading volume and significant growth in income and profit.

SECI | January 10, 2025 | By EI News Network |  465

CERC Rejects SECI's Proposed Tariff for BESS Project Due to Delays and Market Price Shifts

CERC rejected SECI's tariff proposal for the Gujarat BESS project, citing delays in agreements and falling battery prices, which misaligned the tariff with current market conditions. The Commission emphasised the importance of adhering to timelines and ensuring fair pricing.

SECI | January 05, 2025 | By EI News Network |  901

India Reaches 214 GW Renewable Energy Capacity in 2024: MNRE Minister Pralhad Joshi

In 2024, India added 27 GW of renewable energy capacity, reaching 214 GW total. The key achievements include solar growth, wind energy expansion, green hydrogen initiatives, and significant government schemes, accelerating progress towards the 500 GW non-fossil energy target by 2030.

SECI | January 02, 2025 | By EI News Network |  1103

ReNew Commissions 750 MW of ~1 GW Rajasthan Solar Project

The project is being constructed using solar panels manufactured by ReNew in Jaipur, Rajasthan, and Dholera, Gujarat, as part of the Make in India initiative.

SECI | December 09, 2024 | By Abha Rustagi |  42592

SECI Invites INR 1,000 Crore Financing Proposal for 300 MW Solar Project in Andhra Pradesh

SECI has issued a INR 1,000 crore term loan proposal for a 300 MW solar project in Andhra Pradesh, part of India’s renewable energy expansion. The project, funded through debt and equity, supports India's net-zero emissions and energy goals.

SECI | December 06, 2024 | By EI News Network |  499

SECI Invites Quotations for INR 1,000 Crore Short-Term Working Capital Credit Facility

Solar Energy Corporation of India Ltd. seeks INR 1,000 crore short-term working capital credit facility from banks to address cash flow mismatches. Proposals due by December 15, 2024, as SECI scales renewable energy project payments amid growing demand.

SECI | December 03, 2024 | By EI News Network |  582

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