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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