In a bold leap towards powering India’s sustainable tomorrow, the BC Jindal Group has unveiled an ambitious plan to invest a monumental ₹15,000 crore in renewable energy component manufacturing by 2030. With a rich industrial legacy and an annual turnover exceeding ₹18,000 crore, the group is now stepping into the heart of India’s clean energy movement with focused investments in solar and battery technologies.
Kicking off the journey with a ₹4,000 crore investment in its first phase, the conglomerate aims to set up cutting-edge manufacturing capacities — including a 2 GW solar cell and module plant, a 4 GWh battery energy storage system, and a solar glass unit capable of producing 1,200 tonnes per day. Maharashtra and Gujarat have emerged as the frontrunners for housing these future-ready facilities.
A Jindal Group spokesperson noted, “Our foray into the renewable energy component manufacturing sector is a reflection of our unswerving commitment towards supporting India’s vision of installing 500 GW of renewable energy capacity by 2030.”
What’s more, nearly 40% of the output from these facilities is expected to be used internally, fuelling the group’s own renewable energy generation ventures under its green energy wing, Jindal India Renewable Energy (JIRE). This move aligns with JIRE’s recent milestone — winning a 300 MW solar-plus-battery energy storage project from a government-backed entity.
With aspirations of scaling to 5 GW of generation capacity through a mix of solar, wind, hybrid, and firm-dispatchable renewable energy (FDRE) solutions, JIRE is not only focused on in-house development but is actively exploring acquisitions — both within India and internationally — to grow its footprint.
BC Jindal Group spokesperson further shared, “Approximately 40 per cent of the manufacturing output is likely to be captively consumed for our renewable energy generation projects.”
In the next five years, the group plans to channel nearly $2.5 billion into this sector, establishing itself as a key player in the green transition. JIRE’s strategy also includes building projects linked with both Central and State Transmission Utility (CTU/STU) networks, catering to the demands of large-scale utility customers as well as commercial and industrial (C&I) buyers.
From a humble industrial powerhouse to a forward-looking sustainability enabler, BC Jindal Group’s renewable roadmap could well become a beacon for future-ready Indian enterprises.
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