SECI pays Rs 115.09 crore interim dividend for FY26

Solar Energy Corporation of India Limited (SECI) presented an interim dividend of Rs 115.09 crore to the Government of India for FY2025-26 at a ceremony held in New Delhi on April 9, 2026. The event was attended by Union Minister for New and Renewable Energy Pralhad Joshi, the Secretary of the Ministry of New and Renewable Energy (MNRE), and SECI’s Managing Director.

The dividend reflects SECI’s financial position as the Navratna public sector undertaking (PSU) expands beyond its initial role as a solar tendering and implementation agency. The company now operates across energy storage, green hydrogen, and green ammonia, alongside facilitating large-scale renewable energy projects between developers and distribution companies (discoms).

At the event, Joshi noted SECI’s performance and indicated the need to accelerate project execution and capacity addition in line with India’s renewable energy targets.

SECI has played a central role in India’s utility-scale solar expansion, structuring and awarding a significant share of solar and wind tenders over the past decade. Its increasing involvement in green hydrogen and storage reflects a shift toward emerging segments, although timelines for these projects continue to evolve.

The dividend, while modest in absolute terms, signals SECI’s commercial viability as a government-backed implementing agency, as it undertakes larger and more complex project structures.

Photo credit: SECI/LinkedIn