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.

Real Estate

07 Jul 2026

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..

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..

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..