SECI Sees a Sharp Uptick in Power Sale Activity During Current Financial Year

During the current Financial year (i.e. FY 2021-22), till 31st October, Solar Energy Corporation of India Ltd. (SECI) has signed Power Sale Agreements (PSAs) for supply of Renewable Energy (RE) of 5280 MW capacity, thereby bringing aggregate PSA signed capacity to over 30 GW and demonstrating about 95% increase over the previous year (i.e. FY 2020-21), stated the official statement from SECI.

These PSAs will enable supply of upto 19 billion units of RE power annually to 8 states/Union Territories for 25 years and provide access to clean energy to thousands of consumers, it added.

RE power being supplied by SECI to different Distribution Companies at economic tariffs are truly making RE the ‘Power for All’.

These small steps are part of SECI’s continuing efforts to channel India’s Clean Energy transition and bring in a Carbon-neutral economy, said the press release.