Solar Energy Corp of India's finance director assumes role

18 Sep 2023 CW Team

Joshit Ranjan Sikidar joined Solar Energy Corporation of India (SECI) as Director (Finance).

Sikidar is a chartered accountant, company secretary, cost accountant, and MBA (finance), boasting a post-qualification experience of over 30 years.

Prior to his appointment as Director (Finance), Sikidar had been serving as the Group General Manager (Finance) and Company Secretary at RITES. His total tenure of service included over four years at RITES, more than 16 years at NSPCL (a joint venture of NTPC & SAIL), and over nine years at SAIL – Bhilai Steel Plant. His experience encompassed various areas such as Finance Establishment, Corporate Expenditure, Corporate Taxation Cell, Treasury Functions, Expotech Finance, Compliances, and Corporate Governance.

Solar Energy Corporation of India operates as a Miniratna Category-I CPSU under the administrative control of the Ministry of New and Renewable Energy, Government of India.

In the prevailing situation, SECI had a significant role to fulfill in the development of the renewable energy sector. The company was designated as a nodal agency for the implementation of numerous schemes of MNRE. Additionally, SECI had entered into solar project development on a turnkey basis for several PSUs and Government departments. The company also held a Category-1 power trading license and remained active in this domain through the trading of solar power generated by projects established under the schemes it executed.

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