SECI Signs MoU with Government of MP for 200 MW Solar Project in MP

Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, has signed an MoU with the Madhya Pradesh government to develop a 200 MW solar project in Dhar under the CPSU Scheme and a 1000 MWh battery storage project in the state.

The 200 MW Solar Project is part of a 500 MW Agreement which was executed in 2023 with MP Power Management Company Limited (MPPMCL) for a period of 25 years under which SECI will supply the electricity to the state. SECI has proposed a phase-wise capital expenditure of Rs 2500 Cr for expansion and development of Renewable Energy in the state of Madhya Pradesh.