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Home » News » Solar » SECI Plans IPO to Raise USD 2.16 Billion for Renewable Energy Expansion
Solar

SECI Plans IPO to Raise USD 2.16 Billion for Renewable Energy Expansion

By Matthew WrightSeptember 23, 20241 Min Read
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Credit: SECI
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The Solar Energy Corporation of India (SECI) is preparing to raise funds through an initial public offering (IPO) as part of its strategy to invest INR 180 billion (USD 2.16 billion/EUR 1.93 billion) in equity to expand its renewable energy capacity by 2030. Chairman and Managing Director R P Gupta announced the plans, stating that

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