SECI achieves significant milestone by securing PSAs for 50 GW power capacity

The Solar Energy Corporation of India Limited (SECI) has surpassed a 50 GW in cumulative capacity of agreements signed under power sale agreements (PSAs).

The latest quantum of PSAs signed stands at 50,292.64 MW, where SECI is the trader as an intermediary procurer. Notable agreements include a 690 MW wind power PSA with Uttar Pradesh Power Corporation Limited, 500 MW solar power PSAs in interstate transmission system solar Tranche VIII with Tamil Nadu Generation and Distribution Corporation Limited, and a 700 MW solar power power usage agreement with Gujarat Urja Vikas Nigam Limited under the central public sector undertaking scheme.