SECI

Indian Commerce Secretary Sunil Barthwal visited Norway to expedite the implementation of a free trade agreement between India and the EFTA bloc. The agreement aims to boost Indian exports and attract significant investments from EFTA countries, inc...

Azure Power's internal probe, prompted by whistleblowers, uncovered employee misconduct and potential improper payments related to a solar project in Andhra Pradesh. The company shared its findings, which included evidence of data manipulation, with...

India's Biju Janata Dal (BJD) party has refuted allegations of bribery involving the Adani Group concerning renewable energy supply in Odisha. The BJD asserts that agreements were solely between Adani, the Solar Energy Corporation of India, and stat...

Indian billionaire Gautam Adani and two others have been indicted by U.S. prosecutors for allegedly orchestrating a $265 million bribery scheme in India to secure solar power contracts. The U.S. Securities and Exchange Commission also filed civil ch...

The US Justice Department is investigating allegations of bribery involving Adani Group, Azure Power, and India's Solar Energy Corporation (SECI). The matter traces back to a 2019 (stalled) solar project, with accusations that Adani offered bribes e...

India's Solar Energy Corporation of India (SECI), a major player in the country's renewable energy sector, is facing bribery allegations. The U.S. Justice Department alleges that over $250 million in bribes were paid to secure state-level agreements...

TDP's Payyaula Keshav -- now Finance Minister in the Chandrababu Naidu govt -- had raised objections regarding the Adani-Azure solar power deal in Andhra Pradesh, questioning the tender modifications and tariff revisions.

India's Solar Energy Corporation (SECI) stated that an investigation into allegations of fraud and bribery against Gautam Adani and others is premature. SECI claims to have received no official communication from US authorities regarding the indictm...

SECI's CMD, R P Gupta, stated that the agency has not been implicated in any wrongdoing related to the Adani case. While US prosecutors allege bribes were paid to Indian officials for favorable solar power contracts, Gupta emphasized that SECI is no...

India's SECI, named in Adani bribery allegations, stated it hasn't received any documents regarding the charges and is unsure of any covenant violations. Adani Group refuted the US authorities' allegations of a $250 million bribery scheme, deeming t...

India and H2Global Stiftung will work together to promote green hydrogen. They signed an agreement to share knowledge and develop joint projects. This partnership will help India become a major exporter of green hydrogen. The agreement will also pro...

Solar Energy Corporation of India (SECI) issued a show-cause notice to Reliance Power and its subsidiary, Reliance NU BESS, for allegedly submitting fake bank guarantees. SECI discovered that the bank guarantee submitted by Reliance NU BESS was fake...

India's top renewable energy agency, SECI, has threatened legal action against Reliance Power, alleging the company submitted forged bank guarantees for a clean energy project bid. SECI stated that Reliance NU BESS, a subsidiary of Reliance Power, e...

Reliance Power Share Price: Anil Ambani-led Reliance Power and its subsidiary, Reliance NU BESS, have been barred by SECI from participating in tenders for three years. This follows the submission of a "fake" bank guarantee document during a solar p...

SECI banned Reliance Power and subsidiaries from its renewable energy tenders. SECI found a Reliance subsidiary submitted a fake bank guarantee. Reliance Power denied wrongdoing and claimed to be a victim of fraud. The company will challenge SECI's ...

Reliance Power Ltd and Reliance NU BESS Ltd have been barred by SECI from participating in tenders for the next three years. SECI alleges that the companies submitted a fake bank guarantee for a 1000 MW/2000 MWh battery energy storage project tender...

JSW Renew Energy Eleven signed a Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for a 700 MW solar project with a 25-year tariff of Rs 2.56/kWh. The project is expected to be operational within 24 months. JSW Energy...

SECI plans to bid for state renewable energy projects aiming to reach 10 GW capacity by 2030. The company, which will invest $7.7 billion, is exploring debt for 75%-80% of investment and aims to expand globally. SECI intends to become a major power ...

The government has granted 'Navratna' status to NHPC, SJVN, and SECI, enhancing their operational and financial autonomy. This recognition will support major investment plans and drive growth, significantly impacting the power sector and renewable e...