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Company type | Public sector undertaking |
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Industry | Solar energy |
Founded | 9 September 2011 |
Headquarters | 6th Floor, Plate-B, NBCC Office Block Tower-2, East Kidwai Nagar, New Delhi - 110023 , India[1] |
Area served | India |
Parent | Ministry of New and Renewable Energy |
Website | www |
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).[2] 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).[3][4]
The company is responsible for implementation of a number of government schemes,[5] 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, solar canals, and Indo-Pak border scheme.
In addition, SECI has ventured into solar project development on turnkey basis for several PSUs.[6] 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.[7]
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