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What is Solar Energy Corporation of India mean?
Solar Energy Corporation of India Ltd. (SECI) is a company of the Ministry of New and Renewable Energy, Government of India, established to facilitate the implementation of the National Solar Mission (NSM). It is the only Central Public Sector Undertaking (PSU) dedicated to the solar energy sector. The company's mandate has been broadened to cover the entire renewable energy domain and the company will be renamed to Renewable Energy Corporation of India (RECI).
The company is responsible for implementation of a number of government schemes, major ones being the VGF schemes for large-scale grid-connected projects under NSM, solar park scheme and grid-connected solar rooftop scheme, along with a host of other specialised schemes such as defence scheme, canal-top scheme, and Indo-Pak border scheme.
In addition, SECI has ventured into solar project development on turnkey basis for several PSUs. The company also has a power-trading licence and is active in this domain through trading of solar power from projects set up under the schemes being implemented by it.
referencePosted on 20 Sep 2024, this text provides information on Miscellaneous in Ministry of New and Renewable Energy related to Ministry of New and Renewable Energy. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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