The Solar Energy Corporation of India Ltd. (SECI) and Mahatma Phule Renewable Energy and Infrastructure Technology Ltd. (MAHAPREIT) have signed a Memorandum of Understanding (MoU) to jointly develop renewable energy projects in Maharashtra and other states. This strategic move aims to accelerate India's clean energy transition. SECI, a Navratna Central Public Sector Undertaking (CPSU) under the Ministry of New & Renewable Energy (MNRE), will partner with MAHAPREIT, a Government of Maharashtra State PSU, to identify and allocate suitable land parcels and facilitate grid connectivity infrastructure.

Partnership Details

The MoU was signed in the presence of key dignitaries, including Shri Bipin Shrimali, IAS (Retd.), Managing Director of MAHAPREIT, and Shri Sivakumar V Vepakomma, Director (Power Systems), SECI. The agreement was officially executed by Shri Dipak Kokate, Executive Director, MAHAPREIT, and Shri Avnish Parashar, Deputy General Manager (Business Development), SECI. This partnership forms part of a broader vision to catalyze India's energy transition through strategic collaboration and infrastructure-backed development.

Objectives and Goals

The collaboration is aimed at unlocking new opportunities in the rapidly expanding Commercial and Industrial (C&I) clean energy market, enabling SECI to meet growing demand with robust, infrastructure-led solutions. Both organizations aim to strengthen their role as key enablers in India's path to a sustainable, decarbonized energy future. The signing of the MoU marks a significant step towards accelerating India's clean energy transition, and the partnership between SECI and MAHAPREIT is expected to play a crucial role in achieving this goal. With their combined expertise and resources, they are well-positioned to drive growth in the renewable energy sector and contribute to a more sustainable future for India.

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