The Solar Energy Corporation of India (SECI) has signed a 700 MW Commercial and Industrial (C&I) renewable energy Term Sheet with Acme Cleantech Solutions Private Limited, marking its entry into the rapidly growing C&I renewable power segment.
The agreement was formalized at SECI’s office and represents the organization’s first partnership focused specifically on supplying renewable energy to commercial and industrial consumers. The move expands SECI’s market reach beyond its traditional focus on distribution companies (DISCOMs) and utility-scale renewable energy procurement.
The partnership is expected to facilitate the supply of clean energy to a diverse range of commercial and industrial customers, supporting India’s broader energy transition objectives and increasing demand for sustainable power solutions across businesses.
The signing of the Term Sheet aligns with the growing renewable energy requirements of India’s C&I sector, where companies are increasingly seeking access to cost-effective and environmentally sustainable electricity to meet operational and decarbonization goals.
Industry stakeholders view the development as a significant milestone for SECI, opening a new avenue for renewable power deployment while strengthening the role of the commercial and industrial segment in driving the country’s clean energy growth.
The agreement also reflects the increasing participation of corporate consumers in India’s renewable energy market, as businesses continue to adopt clean energy solutions to enhance energy security, reduce carbon emissions, and support sustainability commitments.
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