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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement