Categories: Business

Solar Energy Corporation of India gets ‘Miniratna Category-I’ status

The Ministry of New and Renewable Energy has granted Miniratna Category-I Central Public Sector Enterprise (CPSE) status to the state-owned Solar Energy Corporation of India Ltd (SECI), according to a statement. SECI, which was established in 2011, is the primary implementing agency for renewable energy schemes/projects of the Ministry of New and Renewable Energy aimed at fulfilling India’s international commitments. SECI has played a Central role in the rapid increase of RE generation capacity in the country and has contributed towards the nation’s climate commitments, carbon emission reduction strategies and sustainable energy transition.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

SECI has awarded more than 56 GW of Renewable Energy (RE) project capacities to date. It also plays an active role in establishing projects through its own investments and as a Project Management Consultant (PMC) for other public sector entities. SECI has received a top credit rating of AAA from the domestic rating agency ICRA.

Important Takeaways For All Competitive Exams:

  • Solar Energy Corporation of India Ltd Founded: 9 September 2011;
  • Solar Energy Corporation of India Ltd HQ: New Delhi;
  • Solar Energy Corporation of India Ltd Managing Director: Suman Sharma.

You may also read this:

Asian Development Bank Commits Rs 150 Crore To Tata Power Delhi Distribution

Find More Business News Here

Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.

Recent Posts

LVM3-M6 Rocket Set to Launch on December 24, Announces ISRO

The Indian Space Research Organization (ISRO) has announced that its LVM3-M6 mission will be launched…

23 mins ago

Which Animal is known as the River Horse? Know About It

Rivers and freshwater areas are home to many powerful and unique animals. Some of them…

47 mins ago

RBI Board Sanctions Overhaul of Deposit Insurance Framework

An important reform aimed at strengthening India’s banking system the Central Board of Directors of…

58 mins ago

PGIMER Chandigarh Retains Top Spot as India’s Best Health Technology Assessment Institute

The Postgraduate Institute of Medical Education and Research (PGIMER) Chandigarh, has once again emerged as…

2 hours ago

Which Colour has the Longest Wavelength?

Light is all around us, and it is made up of many different colours. Each…

2 hours ago

Finance Ministry Unveils New Logo for Regional Rural Banks

To strengthening rural banking in India the Ministry of Finance has unveiled a new common…

2 hours ago