Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable Energy, has signed a Memorandum of Understanding (MoU) with the Government of Madhya Pradesh for setting up 200 MW Solar Project in Dhar under the CPSU Scheme and a 1000 MWh Battery Storage Project in the state. The MoU was signed at the two-day Global Investors Summit 2025 ongoing at Bhopal from 24th to 25th February 2025.
The Global Investors Summit 2025, organised by the Government of Madhya Pradesh was inaugurated by Hon’ble Prime Minister of India in the presence of Hon’ble Governor of Madhya Pradesh Shri Mangubhai Chhaganbhai Patel and Hon’ble Chief Minister of Madhya Pradesh Shri Mohan Yadav.
The MoU was signed by Shri Sivakumar V Vepakomma, Director (Power Systems) SECI and Shri. Manu Srivastava, IAS, Additional Chief Secretary (NRE) in the presence of Hon’ble Minister of New & Renewable Energy of Madhya Pradesh Shri Rakesh Shukla and Shri. R P Gupta, IAS (Retd) Chairman and Managing Director, SECI.
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.
The summit was attended by various stakeholders of the Government of India and representatives of various countries and states.