The BC Jindal Group, one of the country’s leading business conglomerates with over Rs 18,000 crore turnover, continues to bolster its presence in India’s renewable energy space with an order book of Rs 6500 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 Rs. 8000 crore investment.
“We are targeting 5 GW of renewable energy capacity by 2030 with an investment of $2.5 billion in the next five years. This is in line with our mission to support the Government’s target of installing 500 GW of renewable energy by 2030, “said the spokesperson of BC Jindal Group.
To achieve this renewable capacity target, the BC Jindal Group plans to implement a mix of solar, wind, hybrid, and Firm & Dispatchable Renewable Energy (FDRE) projects. Simultaneously, the group is also exploring the expansion of its operational clean energy assets across India, which is expected to be completed within the next 4 years.
In FY26, BC Jindal Group’s JIRE has won a total of 450 MW of renewable projects from state-owned entities SJVN and Solar Energy Corporation of India Limited (SECI). The company bagged a 300 MW solar plus storage project from SJVN for the public sector undertaking’s 1200 MW interstate transmission system-connected solar power projects tender with 600 MW/2400 MW of battery energy storage systems (BESS). Additionally, JIRE secured a 150 MW Round-the-Clock (RTC) project in a reverse auction conducted by SECI for its 1200 MW RTC renewable energy project.
“In a very short period of time, we have won significant orders from renowned state-owned entities after competitive rounds of bidding. This showcases trust and confidence in the group’s expertise and technical capabilities in managing and executing substantial large-scale projects in the renewable energy space,” added the spokesperson.
As part of its order book, JIRE, in FY25, also received a Letter of Acceptance (LoA) for a 300 MW solar plus storage project from state-owned enterprise NHPC. The project is part of NHPC’s 1200 MW inter-state transmission system (ISTS)-connected solar power initiative, which includes 600 MW/1200 MW energy storage systems.
JIRE operates under the BC Jindal Group, which was founded in 1952 by Shri B.C. Jindal. The conglomerate is engaged in a diverse portfolio of businesses that includes packaging films, energy & steel products.
About BC Jindal Group:
The US$ 2.5 billion B. C. Jindal Group is among India's leading business houses. The Group, with a culturally diverse workforce across India, USA, and Europe, employs more than 10000 people and has been offering a wide range of products and solutions since 1952. The Group by way of its innovative and sustainable presence in flexible packaging films, energy generation and downstream steel products play an important role in driving India’s economic growth. The Group strives for excellence by leveraging its strengths & capabilities including a successful track-record of executing capital-intensive & technically complex projects, including multiple acquisitions globally. Also, The Group has a strong social development focus aimed at empowering local communities residing around its plant locations.
About Jindal India Renewable Energy:
Jindal India Renewable Energy (JIRE), promoted by the BC Jindal Group, is at the forefront of India's renewable energy revolution. JIRE aims to generate 5GW of power from solar, wind, and hybrid renewable energy sources, contributing significantly to India's ambitious renewable energy goals. The company is committed to providing Round-the-Clock (RTC) and Firm Dispatchable Renewable Energy (FDRE) solutions, supported by Battery Energy Storage Systems (BESS) to ensure reliable and continuous power supply. With a strong focus on environmental stewardship and decarbonization, JIRE represents the BC Jindal Group's strategic evolution towards a sustainable energy future. Founded in 1952, the BC Jindal Group has grown from a steel pipe manufacturer to a leading conglomerate with deep manufacturing expertise and power sector experience. JIRE continues this legacy by deploying state-of-the-art technologies to drive India's transition to clean energy while supporting the nation's target of installing 500 GW of renewable energy capacity by 2030.