HPCL, SECI signs MoU for collaboration in RE, electric mobility
POWER & RENEWABLE ENERGY

HPCL, SECI signs MoU for collaboration in RE, electric mobility

Hindustan Petroleum Corporation Ltd (HPCL) and Solar Energy Corporation of India Ltd (SECI) have signed a memorandum of understanding (MoU) for collaboration and cooperation in the renewable energy field, electric mobility, and alternative fuels, including the development of Environmental, social, and governance (ESG) projects.

On February 24, a Memorandum of Understanding (MoU) was signed between HPCL and SECI to recognise green energy goals and the efforts of the Government of India (GOI) towards a carbon-neutral economy.

The MOU foresees cooperation and collaboration in the areas of renewable energy, electric mobility, and alternative fuels, as well as the creation of ESG projects.

SECI is engaged in the development and promotion of several renewable energy resources, particularly RE-based Storage Systems, Waste to Energy, trading off the power, R&D Projects, Solar/Wind energy, along with the RE base products like Green Hydrogen, green Ammonia, RE powered electric vehicles (EV), etc.

HPCL is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is under the Ministry of Petroleum and Natural Gas of the Government of India.

SECI is under the Ministry of New and Renewable Energy (MNRE), GOI, founded to facilitate the execution of the National Solar Mission.

Image Source

Also read: HPCL, SECI signs MoU for RE objectives and Carbon-neutral economy

Hindustan Petroleum Corporation Ltd (HPCL) and Solar Energy Corporation of India Ltd (SECI) have signed a memorandum of understanding (MoU) for collaboration and cooperation in the renewable energy field, electric mobility, and alternative fuels, including the development of Environmental, social, and governance (ESG) projects. On February 24, a Memorandum of Understanding (MoU) was signed between HPCL and SECI to recognise green energy goals and the efforts of the Government of India (GOI) towards a carbon-neutral economy. The MOU foresees cooperation and collaboration in the areas of renewable energy, electric mobility, and alternative fuels, as well as the creation of ESG projects. SECI is engaged in the development and promotion of several renewable energy resources, particularly RE-based Storage Systems, Waste to Energy, trading off the power, R&D Projects, Solar/Wind energy, along with the RE base products like Green Hydrogen, green Ammonia, RE powered electric vehicles (EV), etc. HPCL is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is under the Ministry of Petroleum and Natural Gas of the Government of India. SECI is under the Ministry of New and Renewable Energy (MNRE), GOI, founded to facilitate the execution of the National Solar Mission. Image Source Also read: HPCL, SECI signs MoU for RE objectives and Carbon-neutral economy

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?