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.

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..