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 to establish a 200 MW solar project in Dhar under the CPSU Scheme, along with a 1000 MWh battery storage project in the state. The MoU was signed during the ongoing two-day Global Investors Summit 2025, being held in Bhopal from February 24th to 25th, 2025.
The summit, organized by the Government of Madhya Pradesh, was inaugurated by the Hon’ble Prime Minister of India, with the Hon’ble Governor of Madhya Pradesh, Shri Mangubhai Chhaganbhai Patel, and the Hon’ble Chief Minister of Madhya Pradesh, Shri Mohan Yadav, also in attendance.
The MoU was signed by Shri Sivakumar V Vepakomma, Director (Power Systems) at SECI, and Shri Manu Srivastava, IAS, Additional Chief Secretary (NRE), in the presence of Shri Rakesh Shukla, Hon’ble Minister of New & Renewable Energy of Madhya Pradesh, and Shri R P Gupta, IAS (Retd), Chairman and Managing Director of SECI.
The 200 MW solar project is part of a 500 MW agreement signed in 2023 with MP Power Management Company Limited (MPPMCL) for a 25-year period, under which SECI will supply electricity to the state. SECI has outlined a phase-wise capital expenditure of Rs 2500 crore for the expansion and development of renewable energy in Madhya Pradesh.
The summit saw participation from various government stakeholders and representatives from multiple countries and states.
