The BC Jindal Group has unveiled plans to step into the renewable energy manufacturing sector, with a major investment roadmap of ₹15,000 crore set to unfold by the end of this decade. As part of its expansion into clean energy, the industrial group will begin producing key components essential to the renewable energy ecosystem. These include solar cells and modules, battery storage cells, solar glass, and assembly lines, the company said in an official release.
One of India’s established business houses, with an annual turnover exceeding ₹18,000 crore, the BC Jindal Group is now aligning with the country”s growing demand for renewable energy infrastructure. The upcoming manufacturing capacity will support both internal use and external supply, the company added.
In the first leg of the project, the BC Jindal Group plans to invest ₹4,000 crore to establish key manufacturing capabilities, including 2 GW of solar cell and module production, 4 GWh of battery energy storage capacity, and a solar glass plant with a daily output of 1,200 tonnes. Commenting on the development, a group spokesperson said, “This marks a significant step in our contribution toward India's goal of reaching 500 GW in renewable energy capacity by 2030. We are responding to the increasing need for integrated, locally produced components that can power the next phase of the country’s energy shift.”
The company is currently evaluating Maharashtra and Gujarat as potential locations for the manufacturing facilities, considering their infrastructure and policy support for green energy. According to the group, nearly 40% of the components manufactured will be used for its own clean energy projects, with the rest available for external clients and public sector projects.
The group’s renewable energy venture, Jindal India Renewable Energy (JIRE), has already made its mark in the sector. It recently secured a 300 MW solar-plus-storage contract from NHPC, underlining its capability in delivering complex utility-scale projects. Launched in 2023, JIRE aims to generate 5 GW of electricity through solar, wind, hybrid, and firm-dispatchable renewable energy systems. The broader goal is to help India reduce its carbon footprint and stabilize power supply using battery-backed solutions.
To support this vision, the BC Jindal Group is allocating close to USD 2.5 billion over the next five years, targeting scalable and sustainable infrastructure. JIRE is also working on grid-connected projects across states rich in renewable resources, tapping into both central and state transmission networks.
