Solar Energy Corp. of India Ltd (SECI), the government of India’s nodal agency for the implementation of renewable energy schemes and projects, traded over 35 billion units of renewable energy during FY 2022-23, a jump of over 59% from the previous year’s trading volumes. Its revenue from power trading crossed INR 10,000 crore (around $1.2 billion) mark for the first time since its inception.
To date, SECI has awarded renewable energy (RE) project capacities of over 56 GW.
SECI is also active in setting up projects through its investments as well as for other public-sector entities as Project Management Consultant (PMC). It has been assigned the highest credit rating of AAA by ICRA.
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