BC Jindal Group Wins 150 MW Round-The-Clock Power Tender From Solar Energy Corporation Of India (SECI)

BC Jindal Group, a prominent Indian business conglomerate with an annual turnover exceeding Rs. 18,000 crore, has recently secured a 150 MW Round-the-Clock (RTC) renewable energy project through a reverse auction conducted by the Solar Energy Corporation of India Limited (SECI). This project is part of SECI’s larger 1200 MW RTC renewable energy initiative, for which the tender was announced in November last year.

The group won 150 MW of the total project capacity at a tariff of Rs. 5.07 per kilowatt-hour. As part of this project, BC Jindal Group will be responsible for setting up Inter-State Transmission System (ISTS)-connected renewable energy power plants. This includes building the necessary transmission infrastructure and establishing interconnection points with the ISTS network. The group will also handle land acquisition, project installation, obtaining all required approvals, and managing the interconnection with the ISTS network. The power generated will be supplied to various DISCOMs under the Power Purchase Agreement (PPA) facilitated by SECI.

The spokesperson of BC Jindal Group, stated, “Securing the 150 MW-RTC project after competitive bidding is a reaffirmation of our unflinching commitment to delivering robust and reliable renewable energy solutions. This project gives a big push to our goal of playing a key role in supporting India’s transition to clean energy and assisting the country achieve its renewable energy target of 500 GW by 2030. These project wins highlight the Group’s capabilities and expertise in implementing crucial projects across solar, wind, hybrid, RTC, and FDRE platforms.”

In addition to this, Jindal India Renewable Energy (JIRE), the group’s renewable energy division, recently won a 300 MW solar plus battery storage project from the state-owned company SJVN. This project is part of SJVN’s 1200 MW ISTS-connected solar tender, which also includes 600 MW/2400 MWh of battery energy storage systems (BESS). JIRE also received a Letter of Acceptance (LoA) for another 300 MW solar plus storage project from NHPC, a state-owned enterprise. This NHPC project is part of a 1200 MW ISTS-connected solar power initiative that includes 600 MW/1200 MWh of energy storage

As part of its strategic growth plans, BC Jindal Group aims to invest $2.5 billion in the renewable energy sector by 2030. This investment will support India’s increasing energy needs while enhancing grid stability through advanced battery energy storage solutions. Furthermore, through JIRE, the group is establishing a solar cell and module manufacturing plant in Maharashtra with a planned production capacity of 2 GW per year. This facility is expected to be operational by September 2026.

To expand its renewable energy footprint, JIRE is also planning to increase its operational assets across India over the next four years. This expansion will be funded through a combination of internal funds and debt financing. Founded in 1952, BC Jindal Group began as a steel pipe manufacturer and has grown into a significant player in India’s power sector. Currently, the group operates a 1,200 MW thermal power plant in Angul, Odisha, and is now increasingly focusing on renewable energy projects to support India’s clean energy transition.