SECI Inks Performance MoU with MNRE for FY27, Targets INR 24,000 Cr Revenue
The Solar Energy Corporation of India (SECI) has signed its FY27 performance-based MoU with the Ministry of New and Renewable Energy, with the government setting a revenue from operations target of INR 24,000 crore for the year.
October 09, 2026. By Mrinmoy Dey
Under the MoU, the Government of India has set SECI a Revenue from Operations target of INR 24,000 crore for FY27. The MoU also sets targets across other key performance parameters, including trading of renewable energy, administrative Ministry priorities, capital expenditure, project execution, and Return on Net Worth.
Santosh Kumar Sarangi, Secretary, MNRE, and Joshit Sikidar, Director Finance, SECI, signed the MoU at Atal Akshay Urja Bhawan, New Delhi, in the presence of Senior officials of MNRE and SECI.
Sikidar expressed confidence in the company's growth trajectory. He said, “SECI remains committed to building on its strong performance record and to playing a leading role in the development of India's renewable energy sector. Alongside our core activities, we will continue to strengthen our presence in new and emerging areas in support of the nation's clean energy transition.”
please contact: contact@energetica-india.net.
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