The Solar Energy Corporation of India Ltd (SECI) has received an ‘Excellent’ rating in the performance evaluation of its Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for the financial year 2024–25.

According to an official statement, SECI scored 97.36 out of 100 in the MoU assessment, which evaluates central public sector enterprises on parameters including operational efficiency, financial performance, project execution and adherence to corporate governance norms.

As of December 31, 2025, SECI has awarded over 76 GW of cumulative renewable energy generation capacity, while the capacity covered under Power Sale Agreements (PSA) has crossed 60 GW.

During FY25, SECI recorded an 18.48 percent increase in power trading volume, with 50.87 billion units traded. The PSU reported a Profit After Tax (PAT) of ₹501.92 crore, reflecting a 15.11 percent year-on-year growth, while total income for the year exceeded ₹15,000 crore, up 16.54 percent from the previous year.

Officials said the MoU performance reflects SECI’s role in implementing large-scale renewable energy programmes and supporting India’s clean energy transition in line with national policy objectives.