SECI Signed MoU with MP Government for 200 MW Solar Project

The Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, has entered into a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh to establish a 200 MW Solar Project in Dhar under the CPSU Scheme, along with a 1000 MWh Battery Storage Project in the state. The MoU was signed during the two-day Global Investors Summit 2025, being held in Bhopal from February 24 to 25, 2025.

The event, organised by the Government of Madhya Pradesh, was inaugurated by the Hon’ble Prime Minister of India, with the Hon’ble Governor of Madhya Pradesh, Shri Mangubhai Chhaganbhai Patel, and the Hon’ble Chief Minister of Madhya Pradesh, Shri Mohan Yadav, in attendance.

Capital Expenditure of ₹2,500 Crore

The 200 MW Solar Project is part of a broader 500 MW agreement signed in 2023 with MP Power Management Company Limited (MPPMCL) for a 25-year period, under which SECI will supply electricity to the state. Additionally, SECI has proposed a phased capital expenditure of ₹2,500 crore for the expansion and development of renewable energy in Madhya Pradesh.

Growing Installed Capacity

As a renewable energy project developer, SECI has successfully installed 122.7 MW of renewable energy projects, with an additional 1,325 MW in the pipeline. Through its own initiatives, SECI supplied 72 MU of renewable energy in FY 2023-24.

The projects commissioned in FY 2023-24 include:

» A 1.7 MW solar project in Lakshadweep, paired with a 1.4 MWh Battery Energy Storage System (BESS), designed to reduce diesel consumption on the islands.

» A 100 MW solar project in Chhattisgarh, equipped with a 40 MW/120 MWh BESS, aimed at delivering solar power during peak evening demand.

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