SECI Revolutionizes Solar Investments with ?3 Billion Fixed Deposits

08 Jan 2024 CW Team

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.

Infrastructure Transport

15 Oct 2025

BMC Gets CRZ Nod For Rs 40 Million Gorai Bridge Rebuild

The Brihanmumbai Municipal Corporation (BMC) has secured Coastal Regulation Zone (CRZ) clearance for the reconstruction of the Poisar River bridge in Gorai, located in Mumbai’s western suburbs. However, the proposed demolition of the existing 100-metre bridge has sparked opposition from local residents, who claim it serves as the only direct access route between the Lower and Upper Koliwada areas. The three-decade-old bridge, situated within the CRZ buffer zone, was recently declared structurally unsafe following a civic audit. The BMC has sanctioned its reconstruction at an estimated cost ..

NHAI Completes Rs 15.9 Billion Four-Lane Stretch On ECR

The National Highways Authority of India (NHAI) has completed the four-laning of the 38 km Puducherry–Poondiyankuppam stretch, ending near Cuddalore, in a development that will cut travel time by up to two hours, according to a report by The New Indian Express. The upgraded section, built at a cost of Rs 15.9 billion under the Bharatmala Pariyojana Phase I, marks a major milestone in the ongoing East Coast Road (ECR) widening programme. The project promises a smoother, faster drive for motorists travelling towards Cuddalore, Chidambaram, Sirkazhi, and Nagapattinam. With this completion, 22..

Encroachments Delay Rs 1 Billion Ghatkopar Bridge Project

The construction of a new cable-stayed rail overbridge at Ghatkopar and the widening of the Andheri–Ghatkopar Link Road (AGLR) have been delayed due to the presence of nearly 250 encroached structures on both sides of the road. In response, Municipal Commissioner Bhushan Gagrani has directed officials to carry out a structural audit of the existing bridge over the railway line and enforce temporary restrictions on heavy vehicles to ensure public safety. The bridge, which starts at the Golibar Road junction near LBS Marg and extends up to the Eastern Express Highway (EEH), serves as a critic..