Akash Tripathi Takes Charge As New Managing Director Of SECI

Solar Energy Corporation of India Ltd. (SECI) has recently appointed Akash Tripathi, IAS (1998 batch, MP cadre), as its new Managing Director under the Ministry of New and Renewable Energy.

On the appointment, the organization said, “With Santosh Sarangi, IAS, Secretary, MNRE, continuing as Chairman, SECI, this strengthened leadership framework ensures both strong institutional oversight and dedicated executive direction.”

It further added, “This strengthened governance framework will further drive SECI’s mission in advancing India’s renewable energy goals, including solar, wind, hybrid, green hydrogen, energy storage, and offshore wind.”

His appointment comes at a crucial juncture, with SECI spearheading India’s renewable energy transition and working to boost solar capacity in line with the country’s ambitious green energy targets. In recent months, SECI has moved decisively away from Solar tenders to hybrid, and more recently, Solar plus storage tenders. The success of these tenders will play a crucial role in enabling the addition of more renewable energy into India's grid successfully.    

SECI Financial Results

Tripathi’s appointment comes at a time when SECI has reported strong financial results. In its audited standalone financial results for the year ending 31st March 2025, SECI recorded revenue from operations of ₹15,185.10 crore and Profit After Tax (PAT) of ₹501.92 crore in the financial year 2024–25. In comparison, SECI’s revenue from operations for the financial year 2023–24 stood at ₹13,035.07 crore, and PAT was ₹436.03 crore.

The corporation’s financial progress in FY 2024–25 is supported by its expanding role in power trading, project execution, and implementation of the Indian government schemes. With Navratna status and a strong pipeline of projects, SECI remains a key institution in India’s clean energy transformation.