The BC Jindal Group, a diversified business conglomerates with over INR 18,000 crore turnover, has reached a renewable energy order book of INR 6,500 crore so far in FY26, with more projects in the pipeline.
Since its foray into the sector in FY25, the group, through its renewable energy arm, Jindal India Renewable Energy (JIRE), has secured a total of 750 MW of renewable energy projects requiring around INR 8,000 crore investment.
“We are targeting 5 GW of renewable energy capacity by 2030 with an investment of $2.5 billion in the next five years. This is in line with our mission to support the Government’s target of installing 500 GW of renewable energy by 2030,” said a spokesperson of BC Jindal Group.
To achieve this renewable capacity target, the BC Jindal Group plans to implement a mix of solar, wind, hybrid, and Firm & Dispatchable Renewable Energy (FDRE) projects. Simultaneously, the group is also exploring the expansion of its operational clean energy assets across India, which is expected to be completed within the next four years.
In FY26, BC Jindal Group’s JIRE has won a total of 450 MW of renewable projects from state-owned entities SJVN and Solar Energy Corp. of India Ltd (SECI). The company bagged a 300 MW solar plus storage project under SJVN’s tender for 1,200 MW interstate transmission system-connected solar power projects with 600 MW/2,400 MWh of battery energy storage systems (BESS). Additionally, it secured a 150 MW project in a reverse auction conducted by SECI for its 1,200 MW RTC renewable energy project.
JIRE, in FY25, also received a Letter of Acceptance (LoA) for a 300 MW solar plus storage project from state-owned enterprise NHPC. The project is part of NHPC’s 1200 MW inter-state transmission system (ISTS)-connected solar power initiative, which includes 600 MW/1200 MWh energy storage systems.
JIRE operates under the BC Jindal Group, which was founded in 1952 by B.C. Jindal. The conglomerate is engaged in a diverse portfolio of businesses that includes packaging films, energy & steel products.
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