India’s SECI in early talks to invest in overseas solar

Facebook
Twitter
LinkedIn
Reddit
Email
The firm is in primary stage discussions with central Asian countries including Afghanistan and Uzbekistan. Credit: SECI

State-run Solar Energy Corporation of India (SECI) is considering opportunities to develop solar PV and help develop policy in various Asian countries, according to a SECI official.

YBK Reddy, Dy. general manager at SECI, told PV Tech that the firm is in primary stage discussions with central Asian countries including Afghanistan and Uzbekistan.

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

Such countries have approached SECI looking for help on structuring solar-related policy, while the Indian firm is looking to collaborate on setting up projects as well as make investments.

SECI and India’s largest utility NTPC have been the two most prolific entities in terms of solar tenders in India over the last two years, while new payment guarantees have brought SECI in line with NTPC as the most bankable of offtakers. A SECI tender at Rewa in Madhya Pradesh brought such low tariffs that it has made headlines ever since February. Its next tender in Rajasthan is also tipped to break price records again.

Indian news outlet Livemint reported that SECI is also eyeing opportunities in Africa.

As a government-run firm, overseas activity from SECI could perhaps give more creditability to the highly publicised International Solar Alliance (ISA), spearheaded by India, the aim of which is to drive PV collaboration across the Tropics.

While solar activity in Afghanistan has been negiglible, occasional large-scale project news has emerged from Uzbekistan. The latest concerned China-based EPC and project developer China Singyes Solar Technologies Holdings winning an EPC contract for a 100MW solar plant in Uzbekistan on behalf of state-owned firm Uzbekenergo.

Read Next

June 10, 2025
Independent power producer (IPP) Jakson Green has secured 1GWp operation and maintenance (O&M) project for four projects across India.
June 9, 2025
Saatvik Solar, a unit of Saatvik Green Energy Limited (SGEL), is building a 4.8GW solar cell and 4GW module manufacturing facility in Ganjam district of Odisha.
June 5, 2025
Solar manufacturer Involt Energy has broken ground on its first solar cell manufacturing plant in the western Indian state of Gujarat, with an initial annual nameplate capacity of 1.78GW. 
June 5, 2025
Indian solar module manufacturer Vikram Solar has received final approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO) and raise capital through the public markets.
June 5, 2025
Investment in clean energy and grids will reach US$2.2 trillion in 2025, double the expected investment into fossil fuels this year, according to data from the International Energy Agency (IEA).
June 2, 2025
Arctech has partnered with ACME Cleantech Solutions to provide 175MW worth of solar trackers for an upcoming facility in Duqm, Oman.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 17, 2025
Napa, USA
Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand