SECI signs PSA to supply 5.28 GW of RE in 2021-22 (till October 2021)

The Solar Energy Corporation of India Limited (SECI) has signed power sale agreements (PSA) to supply 5.28 GW of renewable energy (RE) until October 31, 2021 for 2021-22.

The aggregate PSAs signed now stand at over 30 GW, i.e., a 95 per cent year-over-year increase compared to 2020-21. According to SECI, these PSAs will enable the supply of up to 19 billion units of renewable power annually to eight states and union territories for 25 years.