SECI Invites Quotations for Investment of ₹1,050 Crore in Fixed Deposits

New Delhi, Feb 23,  2026: Solar Energy Corporation of India Limited (SECI), a Navratna Government of India Enterprise and a leading organization driving renewable energy development in India, intends to invest ₹1,050 crore in Term/Fixed Deposits with scheduled commercial banks.

Key Details of the Invitation

• Eligible Banks: Only Scheduled Commercial Banks with branches in Delhi–NCR are invited to participate.

• Deposit Amount & Tenure:

• Banks must quote interest rates separately for each tenure. SECI reserves the right to decide the quantum and period of deposit.

• Date of Investment: 24 February 2026

Technical Conditions for Banks

1. Minimum Net Worth: ₹1 Lakh Crore as of 31 December 2025.

2. Branch Requirement: Must have a branch in Delhi–NCR.

3. Asset Quality:

   • Net NPA: Below 2%

   • Gross NPA: Below 5%
     Applies to both Public and Private Sector Banks.

Submission Instructions

• Quoted interest rates must remain valid until 24 February 2026.

• Quotations must be submitted in a password-protected PDF via email by 3:15 PM on 24 February 2026.

• The password for the protected PDF will be shared at 3:30 PM on 24 February 2026 via the same email trail or by phone at 7980144155 / 843023410y.

Contact Information

• Registered Office: 6th Floor, Plate-B, NBCC Office Block Tower-2, East Kidwai Nagar, New Delhi – 110023

• Phone: (011) 24666200

• Email: corporate@seci.co.in

• Website: www.seci.co.in

• CIN: U40106DL2011GOI225263

• Certifications: ISO 9001:2015 (QMS), ISO 14001:2015 (EMS), ISO 45001:2018 (OH&SMS)