Page 47 - Policy Economic Report - November 2025
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POLICY AND ECONOMIC REPORT
OIL & GAS MARKET
innovation-driven market mechanisms. He noted that India has emerged as a role model in renewable
energy, leveraging its abundance of solar resources and technical expertise to become a leader in green
energy production.
India’s Clean Energy Transition Gets Major Boost as SECI and Andhra Pradesh Finalise 1200 MWh
Battery Energy Storage System (BESS) and 50 MW Hybrid Project
Solar Energy Corporation of India Limited (SECI), a Navratna CPSU under the Ministry of New & Renewable
Energy (MNRE), Government of India, exchanged Government Orders (GOs) with the Government of
Andhra Pradesh for the development of a 1200 MWh Battery Energy Storage System (BESS) at Nandyal
and a 50 MW Hybrid Solar Project.
The exchange took place during the Energy Session of the Andhra Pradesh Partnership Summit 2025 held
in Visakhapatnam, organised by the Department for Promotion of Industry and Internal Trade,
Government of Andhra Pradesh, in association with CII.
Project Approval and Mandate
The Ministry of Power, through an order dated 23 January 2025, designated SECI as the implementing
agency for the 1200 MWh BESS project under Market-Based Operations. The project was subsequently
approved by the Chairman, SECI Board Shri Santosh Kumar Sarangi on 22 October 2025. Ministry of New
and Renewable Energy has been closely monitoring the progress and development of both projects.
SECI to Develop Projects Under CAPEX Mode
Both the BESS and Hybrid Solar projects will be developed under the CAPEX Mode, with SECI undertaking
complete investment responsibilities.
The Energy Minister of Andhra Pradesh Shri Gottipati Ravi Kumar formally handed over the Government
Orders to SECI in the presence of the Chief Secretary Shri K.Vijayanand, Government of Andhra Pradesh,
and the Vice Chairman, NREDCAP M. Kamalakara Babu. SECI was represented by Shri Sivakumar Venkat
Vepakomma and Shri Rohit Choubey.
Strengthening India’s Clean Energy Ecosystem
The exchange of GOs marks a significant milestone in strengthening Andhra Pradesh’s renewable energy
infrastructure. SECI reaffirmed its commitment to partnering with States and Central Ministries to
accelerate India’s transition towards a greener, more resilient energy future. Together, these projects
signal a major leap in clean energy storage capacity, strengthening the state’s renewable ecosystem and
powering India’s transition to a more resilient, storage-enabled green grid.
Union Minister Pralhad Joshi Launched State-of-the-Art Biomass Pellet Plant in Rewari, Haryana
Union Minister for New & Renewable Energy, Shri Pralhad Joshi, inaugurated state-of-the-art 240 TPD
(tonnes/day) Biomass Pellet Plant in Rewari, Haryana. Union Minister Joshi said that the occasion marks
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