BC Jindal Group secures PPA with SECI for 150 MW round-the-clock renewable power

B.C. Jindal Group has signed a power purchase agreement (PPA) with state-owned Solar Energy Corp. of India Ltd (SECI) for 150 MW round-the-clock (RTC) renewable power. It was allocated the capacity under SECI’s 1,200 MW RTC tender issued in November last year.

November 26, 2025 Uma Gupta

JIRE

B.C. Jindal Group, a diversified conglomerate with over INR 18,000 crore turnover, today announced that it has signed a power purchase agreement (PPA) with state-owned Solar Energy Corp. of India Ltd (SECI) for 150 MW round-the-clock (RTC) renewable power. The capacity was allocated under SECI’s 1,200 MW RTC tender issued in November last year.

B.C. Jindal Group had won 150 MW capacity at a tariff of INR 5.07/kWh. To supply the contracted capacity, it will set up inter-state transmission system (ISTS)-connected renewable energy power projects, including solar, wind and battery energy storage system (BESS) components. It will also be responsible for land identification for the RTC project, project installation, and project interconnection with the ISTS network to supply power to the DISCOMs contracted through SECI.

The project is scheduled for commissioning within 24 months from the PPA signing date, subject to the availability of the substation.

“Since the Group’s foray into the sector in FY25, it has secured a total of 750 MW of renewable energy projects so far, involving an investment of over INR 8,000 crore. This project win underscores our strength and expertise in implementing complex projects on platforms like RTC in India’s rapidly evolving energy sector,” said CEO of Jindal India Renewable Energy—the renewable energy arm of B.C. Jindal Group.

In FY26, the B.C. Jindal Group has bagged a total of 450 MW of renewable projects from state-owned entities so far. The company has also won a 300 MW solar plus storage project from SJVN. In FY 2025, the group, through its renewable energy arm, Jindal India Renewable Energy, also received a Letter of Award (LoA) for a 300 MW solar plus storage project from state-owned enterprise NHPC. The project is part of NHPC’s 1,200 MW inter-state transmission system (ISTS)-connected solar power initiative, which includes 600 MW/1,200 MW energy storage systems.

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