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)          

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
Infrastructure Urban

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Next Story
Infrastructure Energy

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Next Story
Real Estate

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement