BC Jindal Group secures 150 MW Renewable Energy Project
BC Jindal Group has secured a 150 MW round-the-clock (RTC) renewable energy project in a reverse auction conducted by Solar Energy Corporation of India (SECI).
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New Delhi, May 28, 2025: BC Jindal Group has secured a 150 MW round-the-clock (RTC) renewable energy project in a reverse auction conducted by Solar Energy Corporation of India (SECI).
The company stated that the project is said to be part of SECI's 1200 MW RTC renewable energy project, the tender for which was floated in November last year. The group has bagged 150 MW of the total capacity requirement at a tariff of Rs 5.07/kWh.
With this project, the group will be setting up Inter-State Transmission System (ISTS)-connected renewable energy power projects which would consist of building transmission networks and establishing interconnection or delivery points with the ISTS network.
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B C Jindal Group will be responsible for land identification for the RTC project, project installation and ownership, necessary approvals, and interconnection with the ISTS network for power supply to DISCOMS tied up for this Power Purchase Agreement (PPA) through SECI, as per the issued statement.
Under its strategic growth plan, the group aims to invest USD 2.5 billion in the renewable energy sector by 2030. Founded in 1952, BC Jindal Group has evolved from a steel pipe manufacturer into a significant player in the power industry.
The group currently operates a 1,200 MW thermal power generation unit in Angul, Odisha, and is now shifting its focus toward renewable energy.
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