SECI works on Rs.2,500cr phase-wise capex
Solar Energy Corporation of India Limited (SECI) has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh for setting up 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 24th to 25th February 2025 https://invest.mp.gov.in/.
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 & Renewable Energy of Madhya Pradesh Rakesh Shukla and R P Gupta, IAS (Retd) Chairman and Managing Director, SECI https://mnre.gov.in/en/.
The 200 MW Solar Project is part of a 500 MW Agreement which was executed in 2023 with MP Power Management Company Limited (MPPMCL) for a period of 25 years under which SECI will supply the electricity to the statehttps://ted.europa.eu/en/.
SECI has proposed a phase-wise capital expenditure of Rs.2,500 crore for expansion and development of Renewable Energy in the state of Madhya Pradesh https://www.iea.org/ . Fiinews.com
