India’s SECI signs MoU with Russian Energy Agency for large-scale PV and manufacturing in India

Facebook
Twitter
LinkedIn
Reddit
Email
The MoU was signed by REA director general A.V. Tikhonov and SECI managing director Ashvini Kumar. Credit: SECI

The Solar Energy Corporation of India (SECI) has signed a memorandum of understanding (MoU) with the Russian Energy Agency (REA) for both entities to develop utility-scale solar PV plants and manufacturing facilities in India between the years 2016-2022.

Under the agreement, a 500MW pilot project would be constructed.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The two entities will draw up a roadmap for developing the projects and manufacturing hubs and will also establish a working group to determine future steps.

REA will contribute state-of-the-art technology and low-cost financing, while SECI will help to acquire Indian government clearances and permits.

The MoU was signed by REA director general A.V. Tikhonov and SECI managing director Ashvini Kumar.

A SECI statement said that the plans would boost India’s ‘Make in India’ programme, which was launched last year and seeks to turn India into a worldwide manufacturing powerhouse.

For example, the government of India recently announced it was considering supporting polysilicon, ingot and wafer production in the country as part of the programme.

There were local reports in the summer of 2015 that Russia-based oil company Rosneft was also planning to invest heavily in solar power in India aiming to set up between 10-20GW of PV, but this has yet to be confirmed.

Read Next

August 4, 2025
Indian solar PV module manufacturer Vikram Solar will supply 250MW of n-type modules to Bondada Group for its solar project in Maharashtra.
Premium
August 4, 2025
Legislation withdrawing vital tax credits has plunged the US solar market into turmoil, putting project deployments and manufacturing at risk.
August 4, 2025
Waaree Energies has commissioned a 1.8GW solar module manufacturing line at its factory in Chikhli, Navsari district, Gujarat.
August 1, 2025
US solar module manufacturer First Solar saw sales and net profits increase in Q2 2025, as it forecasts a strong performance under the Trump administration’s industrial and trade policy changes.
July 30, 2025
Donald Trump has announced a 25% tariff on all imports entering the US from India from the 1st August 2025.
July 29, 2025
US-based solar manufacturer T1 Energy has expressed support for the US government’s tariff investigations into global polysilicon imports and solar products from Laos, Indonesia and India.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK