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SECI Enters C&I Segment with 700 MW Renewable Energy Agreement with Acme Cleantech

Solar Energy Corporation of India has signed its first-ever 700 MW Commercial and Industrial (C&I) renewable energy term sheet with Acme Cleantech Solutions, expanding its clean energy supply portfolio beyond DISCOMs to cater to India's growing C&I market.

June 22, 2026. By Mrinmoy Dey

The Solar Energy Corporation of India (SECI) has signed a 700 MW Commercial and Industrial (C&I) Term Sheet with Acme Cleantech Solutions, marking its first agreement in the C&I renewable energy segment.
 
The term sheet was signed at SECI's office and is expected to open a new avenue for the supply of renewable power to a diverse range of commercial and industrial consumers across the country.
 
The agreement marks a strategic expansion of SECI's clean energy portfolio beyond its traditional focus on power distribution companies (DISCOMs). Through this partnership, SECI aims to cater to the growing demand for renewable energy from India's C&I sector, which is increasingly seeking reliable and sustainable power solutions to meet decarbonisation goals and manage energy costs.
 
“The agreement supports SECI’s move to serve a wider set of clean energy buyers, beyond the traditional DISCOM market, and respond to the growing renewable energy requirements of India’s C&I sector,” stated SECI.
 
Recently, SECI and MahaGenco Renewable Energy have signed an MoU to jointly explore and develop renewable energy and emerging clean energy projects with a potential pipeline of up to 5 GW, spanning FDRE, RTC power, energy storage and green hydrogen technologies.
 
In April 2026, the Ministry of New and Renewable Energy (MNRE) designated SECI as the sole Renewable Energy Implementing Agency (REIA) for the issuance of renewable energy procurement bids as an intermediary procurer.
 
SECI, in the last one year, have also increased its focus on the distributed renewable energy segment – primarily the rooftop solar segment. In February 2026, SECI signed an MoU with the Mumbai Port Authority to deploy solar power across port facilities, to green critical port infrastructure and deepen cross-sector collaboration.
 
In January 2026, SECI signed an MoU with the Directorate General of Civil Aviation to install grid-connected rooftop solar systems on DGCA buildings nationwide under the PM Surya Ghar scheme. SECI also signed an MoU with the New Delhi Municipal Council (NDMC) to solarise around 244 municipal buildings across Delhi.
 
In November 2025, SECI and the Ministry of External Affairs inked an MoU to equip all MEA buildings across India with grid-connected rooftop solar systems under the PM Surya Ghar Yojana.
 
In October 2025, the Defence Research and Development Organisation (DRDO) and SECI signed an MoU to develop 300 MW of solar-based renewable energy projects across DRDO campuses nationwide, aiming to establish self-reliant, Net-Zero campuses across all strategic DRDO locations by 2027.
 
In August 2025, SECI signed an MoU with the Renewable Energy Agency Puducherry to solarise all government buildings in the Union Territory.
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