SECI, MP Govt Ink Pact for 200 MW Solar Project in Dhar
POWER & RENEWABLE ENERGY

SECI, MP Govt Ink Pact for 200 MW Solar Project in Dhar

The Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, has signed an MoU with the Government of Madhya Pradesh to set up a 200 MW solar project in Dhar and a 1000 MWh battery storage project. The agreement was formalised during the Global Investors Summit 2025, held in Bhopal on February 24-25. 

The summit was inaugurated by the Hon'ble Prime Minister of India in the presence of Madhya Pradesh Governor Shri Mangubhai Chhaganbhai Patel and Chief Minister Shri Mohan Yadav. The MoU was signed by SECI Director (Power Systems) Shri Sivakumar V Vepakomma and Additional Chief Secretary (NRE) Shri Manu Srivastava, IAS, with the state’s Minister of New & Renewable Energy Shri Rakesh Shukla and SECI CMD Shri R P Gupta also present. 

The 200 MW solar project is part of a 500 MW agreement signed in 2023 with MP Power Management Company Limited (MPPMCL) for a 25-year power supply. SECI plans a phased capital investment of Rs 25 billion to boost renewable energy development in Madhya Pradesh. 

The summit saw participation from key government stakeholders and representatives from various states and countries. 

(PIB)          

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, has signed an MoU with the Government of Madhya Pradesh to set up a 200 MW solar project in Dhar and a 1000 MWh battery storage project. The agreement was formalised during the Global Investors Summit 2025, held in Bhopal on February 24-25. The summit was inaugurated by the Hon'ble Prime Minister of India in the presence of Madhya Pradesh Governor Shri Mangubhai Chhaganbhai Patel and Chief Minister Shri Mohan Yadav. The MoU was signed by SECI Director (Power Systems) Shri Sivakumar V Vepakomma and Additional Chief Secretary (NRE) Shri Manu Srivastava, IAS, with the state’s Minister of New & Renewable Energy Shri Rakesh Shukla and SECI CMD Shri R P Gupta also present. The 200 MW solar project is part of a 500 MW agreement signed in 2023 with MP Power Management Company Limited (MPPMCL) for a 25-year power supply. SECI plans a phased capital investment of Rs 25 billion to boost renewable energy development in Madhya Pradesh. The summit saw participation from key government stakeholders and representatives from various states and countries. (PIB)          

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement