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SECI Inks MoU with MP Government for 200 MW Solar Project and 1,000 MWh BESS Project
Solar Energy Corporation of India (SECI) has signed an MoU with the Madhya Pradesh government to develop a 200 MW solar project in Dhar under the CPSU Scheme and a 1,000 MWh battery storage project, with a planned investment of INR 2,500 crore.
February 25, 2025. By Mrinmoy Dey
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Solar Energy Corporation of India (SECI), a Navratna CPSU under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh for setting up a 200 MW solar project in Dhar under the CPSU Scheme and a 1,000 MWh battery storage project in the state. The MoU was signed at the two-day Global Investors Summit 2025 ongoing at Bhopal from February 24-25, 2025.
The Global Investors Summit 2025, organised by the Government of Madhya Pradesh was inaugurated by the Prime Minister of India in the presence of the Governor of Madhya Pradesh Mangubhai Chhaganbhai Patel and the Chief Minister of Madhya Pradesh Mohan Yadav.
The MoU was signed by Sivakumar V Vepakomma, Director – Power Systems, SECI and Manu Srivastava, IAS, Additional Chief Secretary, NRE in the presence of Minister of New and Renewable Energy of Madhya Pradesh Rakesh Shukla and R.P. Gupta, IAS (Retd), Chairman and Managing Director, SECI.
The 200 MW solar project is part of a 500 MW agreement which was executed in 2023 with MP Power Management Company (MPPMCL) for a period of 25 years under which SECI will supply the electricity to the state. SECI has proposed a phase-wise capital expenditure of INR 2500 crore for the expansion and development of renewable energy in Madhya Pradesh.
The Global Investors Summit 2025, organised by the Government of Madhya Pradesh was inaugurated by the Prime Minister of India in the presence of the Governor of Madhya Pradesh Mangubhai Chhaganbhai Patel and the Chief Minister of Madhya Pradesh Mohan Yadav.
The MoU was signed by Sivakumar V Vepakomma, Director – Power Systems, SECI and Manu Srivastava, IAS, Additional Chief Secretary, NRE in the presence of Minister of New and Renewable Energy of Madhya Pradesh Rakesh Shukla and R.P. Gupta, IAS (Retd), Chairman and Managing Director, SECI.
The 200 MW solar project is part of a 500 MW agreement which was executed in 2023 with MP Power Management Company (MPPMCL) for a period of 25 years under which SECI will supply the electricity to the state. SECI has proposed a phase-wise capital expenditure of INR 2500 crore for the expansion and development of renewable energy in Madhya Pradesh.
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