SECI Revolutionizes Solar Investments with ?3 Billion Fixed Deposits
POWER & RENEWABLE ENERGY

SECI Revolutionizes Solar Investments with ?3 Billion Fixed Deposits

The Solar Energy Corporation of India (SECI) has embarked on a groundbreaking initiative, offering ?3 billion in fixed deposits to fuel the expansion of solar projects. This financial leap is poised to redefine the landscape of clean energy investments. SECI's Fixed Deposits (FDs) present a lucrative opportunity for investors seeking stable returns while contributing to India's sustainable future. With a commitment to promoting green energy, SECI aims to accelerate solar capacity growth and establish the country as a global leader in renewable power. This financial infusion is a strategic move, aligning with India's ambitious renewable energy targets and fostering private sector participation. The SECI ?3 billion fixed deposits signify a turning point, marking a new era of collaboration between public institutions and private investors in driving the solar revolution forward. Investors can explore this unique avenue of sustainable financing, contributing to the nation's energy transition and reaping the benefits of a secure, long-term investment. As the global focus intensifies on renewable solutions, SECI's initiative stands as a testament to India's commitment to a greener, more sustainable future.

The Solar Energy Corporation of India (SECI) has embarked on a groundbreaking initiative, offering ?3 billion in fixed deposits to fuel the expansion of solar projects. This financial leap is poised to redefine the landscape of clean energy investments. SECI's Fixed Deposits (FDs) present a lucrative opportunity for investors seeking stable returns while contributing to India's sustainable future. With a commitment to promoting green energy, SECI aims to accelerate solar capacity growth and establish the country as a global leader in renewable power. This financial infusion is a strategic move, aligning with India's ambitious renewable energy targets and fostering private sector participation. The SECI ?3 billion fixed deposits signify a turning point, marking a new era of collaboration between public institutions and private investors in driving the solar revolution forward. Investors can explore this unique avenue of sustainable financing, contributing to the nation's energy transition and reaping the benefits of a secure, long-term investment. As the global focus intensifies on renewable solutions, SECI's initiative stands as a testament to India's commitment to a greener, more sustainable future.

Next Story
Infrastructure Urban

Patel Engineering Secures Two Projects Worth Rs 20.37 Billion

Patel Engineering Ltd has secured two important infrastructure projects valued at Rs 20.37 billion. The company received an order from the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) for dam construction and associated works in Maharashtra. The project will be executed over a period of 42 months. Another project, awarded by the North Eastern Electric Power Corporation Ltd (NEEPCO), involves the development of a 240 MW hydropower project in Arunachal Pradesh. The project scope includes civil construction, testing, commissioning, and installation of hydro-mechanical e..

Next Story
Infrastructure Urban

M B Patil Seeks Centre’s Support For Karnataka’s Industrial Growth

Karnataka’s Minister for Large and Medium Industries M B Patil has urged the central government to support the state in strengthening freight corridors and logistic infrastructure. He was speaking at a round table on ‘Focussing on the Steel Sector in the State of Karnataka’ during the 6th edition of India Steel-25, an International Conference-cum-Exhibition organised by the Ministry of Steel. Patil highlighted Karnataka’s contribution of 15 per cent to India’s steel production and the efforts by the state government to promote cluster-based development, integrated industrial corrido..

Next Story
Infrastructure Energy

EdgePoint Towers Launches First Solar Hybrid Telecommunications Site

EdgePoint Towers Sdn Bhd, part of EdgePoint Infrastructure, has launched its first solar hybrid site in Malaysia, advancing renewable energy integration in the telecommunications sector. The deployment marks a major step towards sustainable energy solutions, providing up to 100 per cent of the energy required to operate telecommunications equipment. The site, with a 5.9-kilowatt peak (kWp) capacity, operates autonomously using photovoltaic energy supported by battery storage. This hybrid system significantly reduces dependence on diesel fuel, aiming to cut annual carbon emissions by around 78..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?