SECI plans to launch overseas arm to aid solar power production

SECI plans to launch overseas arm to aid solar power production

In a bid to cater to the overseas demand for solar power, the Solar Energy Corporation of India (SECI) is mulling international foray along with International Solar Alliance (ISA). The renewable energy ministry’s arm may launch an overseas arm by the name SECI Videsh similar to state-run Oil and Natural Gas Corporation Limited (ONGC) Videsh Ltd in the petroleum sector.

“It is just a concept at present. Since we are one of the founder people associated with ISA, we will be working with them to provide some solutions in the renewable energy space with African countries. We have to first look at various other aspects. This includes issues of viability, stability and the actual prospects, following which a decision will be taken,” SECI Chairman Ashwini Kumar told ETEnergyworld speaking along the sidelines of the conference on “India and the International Solar Alliance: Accelerating Global Solar Deployment” organised by CII and WWF in New Delhi. Read more

Credits:energy.economictimes.indiatimes.com

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