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		<title>BC Jindal Group’s Jindal (India) Limited Announces Additional Rs 150 Crore Investment to Strengthen Manufacturing Capabilities</title>
		<link>https://newsmantra.in/bc-jindal-groups-jindal-india-limited-announces-additional-rs-150-crore-investment-to-strengthen-manufacturing-capabilities/</link>
		
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		<pubDate>Fri, 12 Dec 2025 12:52:06 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[BC Jindal Group]]></category>
		<category><![CDATA[Jindal India Limited]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=74767</guid>

					<description><![CDATA[<p>Bengaluru, 11th December, 2025: Jindal (India) Limited, part of the prestigious B.C. Jindal Group and one of the leading downstream steel products manufacturers in India, has announced an additional investment of Rs 150 crore at its state-of-the-art facilities in Howrah, West Bengal. To power the continuous growth, the company aims to upgrade...</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jindal-india-limited-announces-additional-rs-150-crore-investment-to-strengthen-manufacturing-capabilities/">BC Jindal Group’s Jindal (India) Limited Announces Additional Rs 150 Crore Investment to Strengthen Manufacturing Capabilities</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><b>Bengaluru, 11<sup>th</sup> December, 2025:</b> Jindal (India) Limited, part of the prestigious B.C. Jindal Group and one of the leading downstream steel products manufacturers in India, has announced an additional investment of Rs 150 crore at its state-of-the-art facilities in Howrah, West Bengal. To power the continuous growth, the company aims to upgrade its existing production lines and commission new machinery to ramp up overall manufacturing capacity.</p>
<p>As part of its overall expansion plan, B.C. Jindal Group, led by Mr. Shyam Jindal, Promoter, B.C. Jindal Group recently announced the commissioning of 0.6 million MT of downstream steel capacity expansion at its manufacturing facilities in West Bengal with an investment of Rs. 1500 Crores. The commencement of commissioning of the new cold rolling complex marked the completion of a major part of the expansion project. This capacity expansion is expected to result in a 60% increase over the company’s existing 1 million MT per annum capacity.</p>
<p>Jindal (India) Limited, a market leader in the steel sheets and pipes, presently has a combined manufacturing capacity of 11.6 Lakh tons across its two plants. With this additional 150-crore investment, the company plans to scale production by 9% per cent to 12.7 Lakh tons by the end of FY26. The company expects a significant increase in the sales revenue in the coming years with this investment and recent capacity expansion.</p>
<p><i>“This strategic investment is a pivotal step towards shaping the long-term growth trajectory of the company.  As part of this project, we are also revamping our CGL line, which will lead to an increase in current production capacity, adding to overall revenues significantly. In addition to scaling up our output, we also aim to improve our operational efficiency and our ability to meet the evolving needs of our customers,”</i> <b>said a Jindal (India) Limited spokesperson.</b></p>
<p>With an investment of over Rs 50 crore, Jindal (India) Limited also plans to install a modern embossing facility with Cut-to-Length (CTL) capability at its Ranihati plant to cater to the white goods industry in India. The company, which recently announced setting up additional colour-coated manufacturing capacity to offer improved service to the country’s high-end white goods manufacturers, expects its revenues to rise 20% through this investment in FY27.</p>
<p>B.C. Jindal Group’s Jindal (India) Limited has two modern factories located at Howrah, West Bengal, and its capabilities include advanced colour coating and metal coating technologies. The company offers a diverse range of products across three major divisions that include sheets, pipes, and aluminum foil. With strong brands like Jindal Sabrang and Jindal NeuColor+, Jindal (India) Limited dominates the colour-coated sheets market, particularly in Eastern India, and maintains a significant presence across the country. Currently, 70% of the company’s total production consists of coated flat steel products, which remains a key area of focus for future growth and expansion.</p>
<p>Jindal (India) Limited is one of the oldest players in the downstream steel product industry. A significant portion of the company’s revenue has been driven by the eastern region, followed by South India. However, over the years, the company has adopted a pan-India strategy, expanding into North and West India through increased capacity growth. Currently, contributions from these two regions make up approximately 20% of its revenue, and the company aims to increase this to 30% in the near future. Jindal (India) Limited sees immense potential in these regions due to the rapid growth in infrastructure development and industrial projects.</p>
<p>Recently, the company also secured the Letter of Approval (LoA), through its wholly owned subsidiary, Jindal India Steel Tech Limited (JISTL), for setting up a greenfield steel manufacturing plant in Dhenkanal, Odisha. Jindal (India) Limited’s JISTL will invest Rs 3,600 crore in the first phase of the project and a total of Rs 15,000 crore in the state, in three phases, by 2030.</p>
<p>Jindal India Limited, founded in 1952, is part of B.C. Jindal Group, a leading Indian conglomerate. The group, led by Shyam Jindal, Promoter, B.C. Jindal Group is engaged in a diverse portfolio of businesses like packaging films, energy &amp; steel products.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jindal-india-limited-announces-additional-rs-150-crore-investment-to-strengthen-manufacturing-capabilities/">BC Jindal Group’s Jindal (India) Limited Announces Additional Rs 150 Crore Investment to Strengthen Manufacturing Capabilities</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>BC Jindal Group’s Jindal (India) Limited Bags Orders Worth Rs 110 Crore for Crash Barriers in FY26; Revenue Expected to Jump 15-20 Per Cent Year-on-Year </title>
		<link>https://newsmantra.in/bc-jindal-groups-jindal-india-limited-bags-orders-worth-rs-110-crore-for-crash-barriers-in-fy26-revenue-expected-to-jump-15-20-per-cent-year-on-year/</link>
		
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		<pubDate>Tue, 04 Nov 2025 12:36:19 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[BC Jindal Group]]></category>
		<category><![CDATA[Jindal (India) Ltd]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=72229</guid>

					<description><![CDATA[<p>In FY25, JIL reported sales volumes of Rs 242 Crore from Metal Beam Crash Barriers (MBCB) Bengaluru, 4th November 2025: Jindal (India) Limited, part of the prestigious B.C. Jindal Group and one of the leading downstream steel products manufacturers in India, has announced that it has secured orders worth Rs 110 Crore...</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jindal-india-limited-bags-orders-worth-rs-110-crore-for-crash-barriers-in-fy26-revenue-expected-to-jump-15-20-per-cent-year-on-year/">BC Jindal Group’s Jindal (India) Limited Bags Orders Worth Rs 110 Crore for Crash Barriers in FY26; Revenue Expected to Jump 15-20 Per Cent Year-on-Year </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<ul>
<li><em>In FY25, JIL reported sales volumes of Rs 242 Crore from Metal Beam Crash Barriers (MBCB)</em></li>
</ul>
<p><strong style="font-weight: 600;">Bengaluru, 4<sup>th</sup> November 2025:</strong> Jindal (India) Limited, part of the prestigious B.C. Jindal Group and one of the leading downstream steel products manufacturers in India, has announced that it has secured orders worth Rs 110 Crore for Metal Beam Crash Barriers (MBCB), so far, in FY26. Additionally, orders worth Rs 120 crore are in the pipeline for the current financial year. The B.C. Jindal Group, promoted by Shyam Jindal, has bagged these contracts for MBCB production from Indian Railways and the National Highways Authority of India and expects revenue to increase 10-15 per cent year-on-year to approximately Rs 270 crore in FY26 for this segment. In FY25, the company reported revenue of Rs 242 crore from the crash barrier segment.</p>
<p>In line with the Government of India’s ‘<em>Make in India’</em> initiative, Jindal (India) Limited makes a high-quality range of products that include W beam, Thrie beam, along with Post, Spacer, C post, Fish Tail, Accessories, Bull Nose, and Horseshoe, to name a few. An approved manufacturer for NHAI, the company’s crash barriers are certified for crash tests by National Automotive Test Tracks (NATRAX) and exceed the stringent safety standards set for MBCB producers.</p>
<p>With a vision to become a 1.5 MT downstream player by the end of FY26, Jindal India is enhancing its MBCB capacity at Ranihati Works to deliver 9,000 MT of finished goods per month.</p>
<p><em>“The infrastructure sector is witnessing a significant push from the Government of India, which has created a robust demand and presented a rapid growth opportunity. We therefore foresee a tremendous demand for crash barriers in both the road and railway sectors. In the medium-term, we expect to achieve double-digit growth in our overall sales volumes from this segment,” </em>said a <strong style="font-weight: 600;">Jindal (India) Limited spokesperson.</strong></p>
<p>The NHAI has floated more than 5000 km of road infrastructure development projects that will fuel MBCB&#8217;s growth across the country. Additionally, the railway track fencing infrastructure, which spans almost 10000 km and is currently being installed, is creating demand for MBCB. In FY25, Jindal (India) Limited had bagged significant orders worth Rs 275 crore from Indian Railways and NHAI.</p>
<p>Founded in 1952, Jindal (India) Limited is part of B.C. Jindal Group, a leading Indian conglomerate promoted by Shyam Jindal. With over Rs 18,000 crore turnover, the group is engaged in a diverse portfolio of businesses like packaging films, energy &amp; steel products.</p>
<p>Jindal (India) Limited has two state-of-the-art factories located at Howrah, West Bengal, and its capabilities include advanced colour coating, galvanising, and galvalume technologies. The company offers a comprehensive range of products across three major divisions that include sheets, pipes, and aluminium foil. With strong brands like Jindal Sabrang and Jindal NeuColour+, Jindal (India) Limited dominates the colour-coated sheets market, particularly in Eastern India, and maintains a significant presence across the country. In FY25, the company had announced an investment of over Rs 1,500 crore to expand its steel production capacity, with completion targeted for FY26.</p>
<p>Recently, the company also secured the Letter of Approval (LoA), through its wholly owned subsidiary, Jindal India Steel Tech Limited (JISTL), for setting up a greenfield steel manufacturing plant in Dhenkanal, Odisha. Jindal (India) Limited’s JISTL will invest Rs 3,600 crore in the first phase of the project and a total of Rs 15,000 crore in the state, in three phases, by 2030.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jindal-india-limited-bags-orders-worth-rs-110-crore-for-crash-barriers-in-fy26-revenue-expected-to-jump-15-20-per-cent-year-on-year/">BC Jindal Group’s Jindal (India) Limited Bags Orders Worth Rs 110 Crore for Crash Barriers in FY26; Revenue Expected to Jump 15-20 Per Cent Year-on-Year </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>BC Jindal Group’s Jindal (India) Limited Begins Commissioning of Rs 1,500 Crore New Downstream Steel Capacity </title>
		<link>https://newsmantra.in/bc-jindal-groups-jindal-india-limited-begins-commissioning-of-rs-1500-crore-new-downstream-steel-capacity/</link>
		
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		<pubDate>Tue, 07 Oct 2025 12:14:03 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[BC Jindal Group]]></category>
		<category><![CDATA[Jindal India Limited]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=71037</guid>

					<description><![CDATA[<p>Bengaluru, 7th October 2025: Jindal (India) Limited, a BC Jindal Group company and one of India’s leading downstream steel product manufacturers, has announced commissioning of 0.6 million MT downstream steel capacity expansion at its manufacturing facilities in West Bengal. The commencement of commissioning of the new cold rolling complex marks the...</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jindal-india-limited-begins-commissioning-of-rs-1500-crore-new-downstream-steel-capacity/">BC Jindal Group’s Jindal (India) Limited Begins Commissioning of Rs 1,500 Crore New Downstream Steel Capacity </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><strong>Bengaluru, 7<sup>th</sup> October 2025</strong>: Jindal (India) Limited, a BC Jindal Group company and one of India’s leading downstream steel product manufacturers, has announced commissioning of 0.6 million MT downstream steel capacity expansion at its manufacturing facilities in West Bengal. The commencement of commissioning of the new cold rolling complex marks the completion of a major part of the expansion.</p>
<p>This capacity expansion will lead to a 60% increase over the company’s existing 1 million MT per annum capacity. With an investment of Rs 1500 crore, the company expects to achieve a significant increase in its sales revenue in coming years.</p>
<p>Part of the Rs 18,000 crore BC Jindal Group, Jindal (India) Limited has focused on growing its production capacity by adding new lines for coated flat products with both established and new innovative coating technologies. This expansion strengthens the company’s manufacturing capabilities for its existing product range, while also broadening its product portfolio to cater to emerging segments such as solar and home appliances. In addition, the company has enhanced its capacity for manufacturing crash barrier and pipe products, particularly hollow section pipes that are used in the construction sector. The new production lines have been installed at the company’s state-of-the-art manufacturing facilities in Howrah, West Bengal. The new production lines are established with equipment supplied by leading machinery providers like John Cockerill and Esmech Equipment (SMS Group).</p>
<p><em>“The strategic expansion aligns with our mission to contribute to the government’s infrastructure development goals. It will further help us to drive growth in FY26, expand our geographical footprint and enhance our capabilities to manufacture premium downstream steel products. This move underscores Jindal (India) Limited’s commitment to innovation and long-term growth,”</em> <strong>said a company spokesperson.</strong><strong> </strong></p>
<p>Post the expansion, the company’s capacity for coated flat products is set to increase by 60 percent from the current capacity, 40 percent for pipe products, and 75 percent in the crash barrier segment.<strong> </strong></p>
<p>Jindal (India) Limited is one of the oldest players in the downstream steel product industry. A significant portion of the company’s revenue has been driven by the eastern region, followed by South India. However, over the years, the company has adopted a pan-India strategy, expanding into North and West India through increased capacity growth. Currently, contributions from these two regions make up approximately 20% of its revenue, and the company aims to increase this to 30% in the near future. Jindal (India) Limited sees immense potential in these regions due to the rapid growth in infrastructure development and industrial projects.</p>
<p><em>“As a national player, we are dedicated to solidifying its foothold in existing markets while expanding into these key regions vital for growth,”</em> <strong>a</strong> <strong>Jindal (India) Ltd spokesperson added.</strong></p>
<p>Recently, the company, through its wholly owned subsidiary, Jindal India Steel Tech Limited (JISTL), received the Letter of Approval (LoA) for setting up a green-field steel manufacturing plant in Dhenkanal, Odisha. The company plans to invest a total of Rs 15,000 crore in Odisha in three phases by 2030, with the current Rs 3,600 crore investment marking the first phase of the project.</p>
<p>Currently, Jindal (India) Limited has two advanced manufacturing facilities in West Bengal and their capabilities include advanced color coating, galvanizing, and galvalume technologies. The company offers a comprehensive range of products across three major divisions that include sheets, pipes, and aluminum foil. With strong brands like Jindal Sabrang and Jindal NeuColour+, Jindal (India) Limited dominates the colour-coated sheets market, particularly in Eastern India, and maintains a significant presence across the country. Currently, 70% of the company’s total production consists of coated flat steel products, which remains a key area of focus for future growth and expansion.</p>
<p>Jindal India Limited, founded in 1952, is part of B.C. Jindal Group, a leading Indian conglomerate. The group is engaged in diverse portfolio of businesses like Packaging Films, Energy &amp; Steel products.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jindal-india-limited-begins-commissioning-of-rs-1500-crore-new-downstream-steel-capacity/">BC Jindal Group’s Jindal (India) Limited Begins Commissioning of Rs 1,500 Crore New Downstream Steel Capacity </a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>BC Jindal Group Wins 150 MW Round-The-Clock Tender from Solar Energy Corporation of India Limited</title>
		<link>https://newsmantra.in/bc-jindal-group-wins-150-mw-round-the-clock-tender-from-solar-energy-corporation-of-india-limited/</link>
		
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		<pubDate>Thu, 29 May 2025 10:39:26 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<guid isPermaLink="false">https://newsmantra.in/?p=63226</guid>

					<description><![CDATA[<p>Bengaluru, May 28 2025: BC Jindal Group, one of India’s leading business conglomerates with over Rs. 18,000 crore turnover, has announced that it has won a 150 MW Round-the-Clock (RTC) project in reverse auction conducted by Solar Energy Corporation of India Limited (SECI). The project is part of SECI’s 1200 MW...</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-group-wins-150-mw-round-the-clock-tender-from-solar-energy-corporation-of-india-limited/">BC Jindal Group Wins 150 MW Round-The-Clock Tender from Solar Energy Corporation of India Limited</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p><b>Bengaluru, May 28 2025: </b>BC Jindal Group, one of India’s leading business conglomerates with over Rs. 18,000 crore turnover, has announced that it has won a 150 MW Round-the-Clock (RTC) project in reverse auction conducted by Solar Energy Corporation of India Limited (SECI). The project is part of SECI’s 1200 MW RTC renewable energy project, the tender for which was floated in November last year.<b></b></p>
<p>The Group has bagged 150 MW of the total capacity requirement at a tariff of Rs 5.07/kWh. As part of the project, the Group will be responsible for setting up Inter-State Transmission System (ISTS)-connected renewable energy power projects which would entail building transmission networks and establishing interconnection or delivery points with the ISTS network. As per the stated terms, the 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.</p>
<p>Commenting on the announcement, <b>the spokesperson of </b><b>BC Jindal Group,</b> said <i>“Securing the 150 MW-RTC project after competitive bidding is a reaffirmation of our unflinching<br />
commitment to delivering robust and reliable renewable energy solutions. This project win gives a big push to our goal of playing a key role in supporting India’s transition to clean energy and assisting the country achieve its renewable energy target of 500 GW by 2030.”</i></p>
<p>Recently, Jindal India Renewable Energy (JIRE), the Group’s renewable energy arm, also won a 300 MW solar plus storage project from state-owned, SJVN. The project is part of SJVN’s 1200 MW inter-state transmission system-connected solar power projects tender with 600 MW/2400 MW of battery energy storage systems (BESS). In addition, JIRE also recently received a Letter of Acceptance (LoA) for a 300 MW solar plus storage project from state-owned enterprise NHPC. This 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.</p>
<p><i>“These project wins highlight the Group’s capabilities and expertise in implementing crucial projects across solar, wind, hybrid, RTC, and FDRE platforms,” </i><b>the spokesperson added.</b><i></i></p>
<p>In line with its strategic growth plan, the B C Jindal group intends to invest $2.5 billion in the renewable energy sector by 2030. This investment aims to meet India’s growing energy demand while improving grid stability through advanced battery energy storage systems. Additionally, the group through JIRE is setting up a solar cell and module manufacturing plant in Maharashtra, with a planned annual capacity of 2 GW. The facility is expected to be operational by September 2026. To further strengthen the group’s renewable energy portfolio, JIRE is exploring the expansion of its operational assets across India. This expansion, slated for completion within the next four years, will be funded through internal accruals and debt.</p>
<p>Founded in 1952, BC Jindal Group has expanded from a steel pipe manufacturer into a major player in the power sector. The group currently operates a 1,200 MW thermal power generation unit in Angul, Odisha, and is now focusing on renewable energy.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-group-wins-150-mw-round-the-clock-tender-from-solar-energy-corporation-of-india-limited/">BC Jindal Group Wins 150 MW Round-The-Clock Tender from Solar Energy Corporation of India Limited</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>BC Jindal Group’s JIRE Bags 300 MW Solar-BESS Order from SJVN</title>
		<link>https://newsmantra.in/bc-jindal-groups-jire-bags-300-mw-solar-bess-order-from-sjvn/</link>
		
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		<pubDate>Mon, 12 May 2025 09:21:41 +0000</pubDate>
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		<guid isPermaLink="false">https://newsmantra.in/?p=62212</guid>

					<description><![CDATA[<p>Bengaluru, 12th May 2025: BC Jindal Group, one of India’s leading business conglomerates with over Rs. 18,000 crore turnover, has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE) has won a 300 MW solar plus storage project from state-owned, SJVN. The project is part of SJVN’s 1200 MW inter-state...</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jire-bags-300-mw-solar-bess-order-from-sjvn/">BC Jindal Group’s JIRE Bags 300 MW Solar-BESS Order from SJVN</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p><strong>Bengaluru, 12<sup>th</sup> May 2025:</strong> BC Jindal Group, one of India’s leading business conglomerates with over Rs. 18,000 crore turnover, has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE) has won a 300 MW solar plus storage project from state-owned, SJVN. The project is part of SJVN’s 1200 MW inter-state transmission system-connected solar power projects tender with 600 MW/2400 MW of battery energy storage systems (BESS).</p>
<p>JIRE won the bid for 300 MW of solar capacity at a tariff of ₹3.32/kWh. According to the terms, the project will be developed on a build-own-operate basis. The greenfield project must be completed within 24 months from the signing of the power purchase agreement (PPA).</p>
<p>Commenting on the announcement, <strong>the spokesperson of Jindal India Renewable Energy,</strong> said<em>, “Winning this project reaffirms JIRE’s ability to deliver scalable and clean energy solutions. It strengthens the growing trust in our capabilities and reinforces our commitment to delivering firm, clean power that supports India’s energy transition. We remain focused on expanding our capacity to 5 GW in the coming years across solar, wind, hybrid, RTC, and FDRE platforms.”</em></p>
<p>SJVN will enter into an agreement with JIRE for a period of 25 years. The Navratna Company will purchase solar power from JIRE and sell it to state utilities and others. As part of the contract, JIRE will have to deploy an ESS of at least 0.5 MW/ 2MWh capacity for 1 MW contracted capacity.</p>
<p>Recently, JIRE also received a Letter of Acceptance (LoA) for a 300 MW solar plus storage project from state-owned enterprise NHPC, signalling its expertise in large-scale renewable projects. This 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.</p>
<p>In line with its strategic growth plan, JIRE intends to invest $2.5 billion in the renewable energy sector over the next five years. This investment aims to meet India’s growing energy demand while improving grid stability through advanced battery energy storage systems. Additionally, JIRE is setting up a solar cell and module manufacturing plant in Maharashtra, with a planned annual capacity of 2 GW. The facility is expected to be operational by September 2026. To further strengthen its renewable energy portfolio, JIRE is exploring the expansion of its operational assets across India. This expansion, slated for completion within the next four years, will be funded through internal accruals and debt.</p>
<p>With India&#8217;s renewable energy sector growing rapidly, battery storage technology is becoming essential for grid stability and efficient power management. The Indian battery energy storage system (BESS) market is projected to grow at a CAGR of 11.41% until 2032, driven by the increasing need for round-the-clock renewable power supply.</p>
<p>Founded in 1952, BC Jindal Group has expanded from a steel pipe manufacturer into a major player in the power sector. The group currently operates a 1,200 MW thermal power generation unit in Angul, Odisha, and is now focusing on renewable energy through JIRE.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jire-bags-300-mw-solar-bess-order-from-sjvn/">BC Jindal Group’s JIRE Bags 300 MW Solar-BESS Order from SJVN</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>BC Jindal Group’s JIRE Bags LoA for 300 MW Solar-BESS Order from NHPC</title>
		<link>https://newsmantra.in/bc-jindal-groups-jire-bags-loa-for-300-mw-solar-bess-order-from-nhpc/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Tue, 25 Mar 2025 11:13:27 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[BC Jindal Group]]></category>
		<category><![CDATA[JIRE Bags]]></category>
		<category><![CDATA[NHPC]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=59436</guid>

					<description><![CDATA[<p>Bengaluru, March 24, 2025: BC Jindal Group, India’s leading conglomerate with over Rs. 18,000 crore turnover, has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE) has received the Letter of Acceptance (LoA) for 300 MW solar plus storage project from state-owned, NHPC. The project is part of NHPC’s...</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jire-bags-loa-for-300-mw-solar-bess-order-from-nhpc/">BC Jindal Group’s JIRE Bags LoA for 300 MW Solar-BESS Order from NHPC</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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<p><b>Bengaluru, March 24, 2025:</b> BC Jindal Group, India’s leading conglomerate with over Rs. 18,000 crore turnover, has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE) has received the Letter of Acceptance (LoA) for 300 MW solar plus storage project from state-owned, NHPC. The project is part of NHPC’s 1200 MW inter-state transmission system-connected solar power projects tender with 600 MW/1200 MW energy storage systems.</p>
<p>JIRE has bagged 300 MW of solar power capacity from NHPC at a tariff of Rs 3.09/kWh. As per the stated terms, the company will be executing a solar project on a build-own-operate basis. In addition, the green-field project will have to be completed within 24 months from signing of the power purchase agreement (PPA). Initially, JIRE had won 180 MW capacity of the Solar-BESS project from NHPC. As per the “Greenshoe Option” of the tender, the company was awarded an additional capacity of 120 MW, taking JIRE’s total project capacity to 300 MW.</p>
<p><b>Mr. Amit Kumar Mittal, CEO, Jindal India Renewable Energy, said,<i> </i></b><i>“Securing the LoA for 300 MW capacity after competitive bidding is testimony to JIRE’s ability and expertise to deliver substantial projects in the evolving renewable energy space. This project win is in line with BC Jindal group’s goal of supporting the nation&#8217;s target of installing 500 GW of renewable energy capacity by 2030.”</i><b> </b></p>
<p>NHPC will enter into an agreement with JIRE for a period of 25 years. The Navratna Company will purchase solar power from JIRE and sell it to state utilities and others. As part of the contract, JIRE will have to deploy an ESS of at least 0.5 MW/ 1MWh capacity for 1 MW contracted capacity.</p>
<p>The BC Jindal Group had recently floated its dedicated entity, JIRE, to hold the renewable venture of the group. This company will oversee the renewable power generation, solar cells and module manufacturing businesses.</p>
<p>In 2025-2026, JIRE is looking to strategically expand its capacity portfolio by acquiring key operational assets within the country and across geographies. The company has sets sight on augmenting its presence and is actively pursuing aggressive acquisitions of operational assets both domestically and abroad. These acquisitions are anticipated to be finalised in 1-2 years and will be funded through a mix of internal accruals and debt.</p>
<p>Jindal India Renewable Energy operates under the BC Jindal Group, founded in 1952 by Shri B.C. Jindal. Originally a steel pipe and fittings manufacturer, the group has grown into one of India’s leading conglomerates with a significant presence in the power sector. JIRE’s initiative represents a forward-thinking approach to energy diversification. With a focus on environmental well-being at the core of its inception, BC Jindal Group’s commitment extends beyond compliance to a genuine dedication to preserving the environment for future generations.</p>
<p>JIRE continues this legacy by deploying state-of-the-art technologies to drive India&#8217;s transition to clean energy while supporting the nation&#8217;s target of installing 500 GW of renewable energy capacity by 2030.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jire-bags-loa-for-300-mw-solar-bess-order-from-nhpc/">BC Jindal Group’s JIRE Bags LoA for 300 MW Solar-BESS Order from NHPC</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>BC Jindal Group’s JIRE Bags 180 MW Solar-BESS Order from NHPC</title>
		<link>https://newsmantra.in/bc-jindal-groups-jire-bags-180-mw-solar-bess-order-from-nhpc/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Fri, 24 Jan 2025 13:12:31 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[BC Jindal Group]]></category>
		<category><![CDATA[Jindal India Renewable Energy]]></category>
		<category><![CDATA[JIRE]]></category>
		<category><![CDATA[NHPC]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=55358</guid>

					<description><![CDATA[<p>Bengaluru, 24th January 2025: BC Jindal Group, India’s leading conglomerate with over Rs. 18,000 crore turnover, has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE) has won a 180 MW solar plus storage project from state-owned, NHPC. The project is part of NHPC’s 1200 MW inter-state transmission system-connected solar...</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jire-bags-180-mw-solar-bess-order-from-nhpc/">BC Jindal Group’s JIRE Bags 180 MW Solar-BESS Order from NHPC</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p><strong>Bengaluru, 24<sup>th</sup> January 2025:</strong> BC Jindal Group, India’s leading conglomerate with over Rs. 18,000 crore turnover, has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE) has won a 180 MW solar plus storage project from state-owned, NHPC. The project is part of NHPC’s 1200 MW inter-state transmission system-connected solar power projects tender with 600 MW/1200 MW energy storage systems.</p>
<p>JIRE has bagged 180 MW of solar power capacity from NHPC at a tariff of Rs 3.09/kWh. As per the stated terms, the company will be executing a solar project on a build-own-operate basis. In addition, the green-field project will have to be completed within 24 months from signing of the power purchase agreement (PPA).</p>
<p>Commenting on the announcement, <strong>Mr. Amit Kumar Mittal, CEO, Jindal India Renewable Energy, said, <em>“</em></strong><em>Winning the competitive bid for this crucial project is a reflection of JIRE’s proficiency and capabilities in the renewable energy space. This also gives impetus to our goal of expanding the company’s capacity to 5 GW from solar, wind, hybrid, hydro and FDRE modes, within the next four years. We aim to take this momentum forward in the upcoming quarters as well.”</em></p>
<p>NHPC will enter into an agreement with JIRE for a period of 25 years. The Navratna Company will purchase solar power from JIRE and sell it to state utilities and others. As part of the contract, JIRE will have to deploy an ESS of at least 0.5 MW/ 1MWh capacity for 1 MW contracted capacity.</p>
<p>In 2025-2026, JIRE is looking to strategically expand its capacity portfolio by acquiring key operational assets within the country and across geographies. The company has sets sight on augmenting its presence and is actively pursuing aggressive acquisitions of operational assets both domestically and abroad. These acquisitions are anticipated to be finalised in 1-2 years and will be funded through a mix of internal accruals and debt.</p>
<p>The BC Jindal Group had recently floated its dedicated entity, JIRE, to hold the renewable venture of the group. This company will oversee the renewable power generation, solar cells and module manufacturing businesses.</p>
<p>Jindal India Renewable Energy operates under the BC Jindal Group, founded in 1952 by Shri B.C. Jindal. Originally a steel pipe and fittings manufacturer, the group has grown into one of India’s leading conglomerates with a significant presence in the power sector. JIRE’s initiative represents a forward-thinking approach to energy diversification. With a focus on environmental well-being at the core of its inception, BC Jindal Group’s commitment extends beyond compliance to a genuine dedication to preserving the environment for future generations.</p>
<p>JIRE continues this legacy by deploying state-of-the-art technologies to drive India&#8217;s transition to clean energy while supporting the nation&#8217;s target of installing 500 GW of renewable energy capacity by 2030.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jire-bags-180-mw-solar-bess-order-from-nhpc/">BC Jindal Group’s JIRE Bags 180 MW Solar-BESS Order from NHPC</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>BC Jindal Group’s JIRE Targets Strategic Acquisitions to Achieve 5 GW Renewable Energy Target</title>
		<link>https://newsmantra.in/bc-jindal-groups-jire-targets-strategic-acquisitions-to-achieve-5-gw-renewable-energy-target/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Thu, 23 Jan 2025 07:10:57 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[5 GW Renewable Energy]]></category>
		<category><![CDATA[BC Jindal Group]]></category>
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		<guid isPermaLink="false">https://newsmantra.in/?p=55205</guid>

					<description><![CDATA[<p>Conglomerate’s Energy Arm sets sights on Domestic and Global Acquisitions to Expand RE Capacity Acquisitions to be funded through a mix of internal accruals and debt  Mumbai, 23th January 2025: BC Jindal Group, India’s leading conglomerate with over Rs. 18,000 crore turnover, has announced that its renewable energy arm, Jindal India...</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jire-targets-strategic-acquisitions-to-achieve-5-gw-renewable-energy-target/">BC Jindal Group’s JIRE Targets Strategic Acquisitions to Achieve 5 GW Renewable Energy Target</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<ul>
<li><strong><em>Conglomerate’s Energy Arm sets sights on Domestic and Global Acquisitions to Expand RE Capacity</em></strong></li>
<li><strong><em>Acquisitions to be funded through a mix of internal accruals and debt</em></strong><strong> </strong></li>
</ul>
<p><strong>Mumbai, 23th January 2025:</strong> BC Jindal Group, India’s leading conglomerate with over Rs. 18,000 crore turnover, has announced that its renewable energy arm, Jindal India Renewable Energy (JIRE), sets sight on expansion and is actively pursuing aggressive acquisitions of operational assets both domestically and abroad. This is in line with the company’s goal to expand its capacity to 5 GW within the next four years. These acquisitions are anticipated to be finalised in the 1-2 years and will be funded through a mix of internal accruals and debt.</p>
<p>JIRE aims to generate 5 GW of power from solar, wind, hybrid, hydro and FDRE modes. To achieve this JIREL is focused on acquisition of operational portfolio in the initial couple of years. In parallel JIRE is focused on establishing its presence in renewable energy-rich states by developing Renewable projects connected to grid at CTU and STU to meet the energy demands of utilities as well Industrial and Commercial (C&amp;I) customers.</p>
<p>Commenting on the announcement, <strong>Mr. Amit Kumar Mittal, CEO, Jindal India Renewable Energy, said, <em>“</em></strong><em>In 2025-2026, we are looking to strategically expand our capacity portfolio by acquiring key operational assets within the country and across geographies. JIRE seeks to enhance its play in the RE segment which will increasingly throw up huge opportunities as India’s energy mix undergoes a fundamental transition. For JIRE, these acquisitions will be crucial in shaping the growth trajectory of the company in the coming years.”</em></p>
<p>With an existing portfolio of 1,200 MW thermal power generation in Angul, Odisha, BC Jindal Group had recently floated its dedicated entity, JIRE, to hold the renewable venture of the group. This company will oversee the renewable power generation, solar cells and module manufacturing businesses.</p>
<p>Jindal India Renewable Energy operates under the BC Jindal Group, founded in 1952 by Shri B.C. Jindal. Originally a steel pipe and fittings manufacturer, the group has grown into one of India’s leading conglomerates with a significant presence in the power sector. JIRE’s initiative represents a forward-thinking approach to energy diversification. With a focus on environmental well-being at the core of its inception, BC Jindal Group’s commitment extends beyond compliance to a genuine dedication to preserving the environment for future generations.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-groups-jire-targets-strategic-acquisitions-to-achieve-5-gw-renewable-energy-target/">BC Jindal Group’s JIRE Targets Strategic Acquisitions to Achieve 5 GW Renewable Energy Target</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>BC Jindal Group Acquires Hyderabad Football Club</title>
		<link>https://newsmantra.in/bc-jindal-group-acquires-hyderabad-football-club/</link>
		
		<dc:creator><![CDATA[Newsmantra]]></dc:creator>
		<pubDate>Mon, 02 Sep 2024 12:02:54 +0000</pubDate>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[BC Jindal Group]]></category>
		<category><![CDATA[Hyderabad Football Club]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=44742</guid>

					<description><![CDATA[<p>Jindal Football Private Ltd (“Jindal Football”) recently acquired the sporting license of Hyderabad FC BC Jindal Group’s latest foray into football is part of its overall focus on sports development in India Bengaluru, 2 September 2024: Jindal Football, under the ambit of the BC Jindal Group, one among India’s leading business...</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-group-acquires-hyderabad-football-club/">BC Jindal Group Acquires Hyderabad Football Club</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
]]></description>
										<content:encoded><![CDATA[<ul>
<li>Jindal Football Private Ltd (“Jindal Football”) recently acquired the sporting license of Hyderabad FC</li>
<li>BC Jindal Group’s latest foray into football is part of its overall focus on sports development in India</li>
</ul>
<p><strong>Bengaluru, 2 September 2024:</strong> Jindal Football, under the ambit of the BC Jindal Group, one among India’s leading business houses, announces the acquisition of the sporting license of Indian Super League (ISL) team Hyderabad FC. This acquisition marks the BC Jindal Group’s first venture into the Indian sports ecosystem with the group’s overall focus on raising the aspirational value of sports in India, and providing a platform for young Indian talents to develop and compete at the global level.</p>
<p>Hyderabad FC, affectionately known as the Nawabs, is gearing up for the upcoming 2024-25 ISL season. Their campaign kicks off with an away match against Bengaluru FC on September 19, 2024. As ISL enters its 11th season, the league continues to stand as India’s premier football competition, dedicated to raising the standard of Indian football to international levels.</p>
<p>Founded on August 27, 2019, Hyderabad FC quickly made its mark by clinching the ISL title in the 2021-22 season, triumphing over Kerala Blasters in a thrilling final. The club plays its home games at the G.M.C Balayogi Athletic Stadium, located in the vibrant Hyderabad suburb of Gachibowli.</p>
<p><em>“With a population of 1.4 billion, India is a sleeping giant in the world of football. Our venture into the sport with Hyderabad FC is driven by a desire to uncover and address the obstacles facing Indian football. Our goal is to nurture home-grown talent and foster the growth of this beautiful game in India. We envision a future where Indian players compete at the highest international levels, and we dream of the day when India participates in the FIFA World Cup finals. This is the vision guiding our efforts in Indian football,”</em> said a <strong>Hyderabad FC spokesperson</strong> on behalf of the new ownership.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-group-acquires-hyderabad-football-club/">BC Jindal Group Acquires Hyderabad Football Club</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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		<title>BC Jindal Group Forays Into India’s Renewable Energy Sector with 5 GW Goal</title>
		<link>https://newsmantra.in/bc-jindal-group-forays-into-indias-renewable-energy-sector-with-5-gw-goal/</link>
		
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		<pubDate>Thu, 22 Aug 2024 09:04:28 +0000</pubDate>
				<category><![CDATA[Corporate Press Release]]></category>
		<category><![CDATA[BC Jindal Group]]></category>
		<category><![CDATA[Jindal India Renewable Energy operates under the BC Jindal Group]]></category>
		<category><![CDATA[Mr. Shyam Jindal]]></category>
		<category><![CDATA[Renewable Energy Sector with 5 GW Goal]]></category>
		<guid isPermaLink="false">https://newsmantra.in/?p=43779</guid>

					<description><![CDATA[<p>BC Jindal Group Forays Into India’s Renewable Energy Sector with 5 GW Goal</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-group-forays-into-indias-renewable-energy-sector-with-5-gw-goal/">BC Jindal Group Forays Into India’s Renewable Energy Sector with 5 GW Goal</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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										<content:encoded><![CDATA[<p>&nbsp;</p>
<ul>
<li>Jindal India Renewable Energy (JIRE) builds on the legacy of the BC Jindal Group’s power vertical</li>
<li>JIRE will also manufacture PV Cells &amp; Modules to tap into the solar demand</li>
</ul>
<p><strong>Bengaluru, 22<sup>nd</sup> August 2024:</strong> BC Jindal Group, India’s leading conglomerate, with over Rs. 18,000 Crore turnover, announced its foray into India’s renewable sector today. The group plans to invest around US $ 2.5 billion in this sector in the next 5 years.</p>
<p>With an existing portfolio of 1,200 MW thermal power generation in Angul, Odisha, BC Jindal Group has floated a dedicated entity to hold the renewable venture of the group. This entity will oversee the renewable power generation and solar cells and module manufacturing businesses.</p>
<p>Jindal India Renewable Energy aims to generate 5 GW of power from solar, wind, hybrid and FDRE modes to uphold responsible environmental care while achieving decarbonisation. Along with this, JIRE will also manufacture PV Cells and Modules to tap into the solar demand. With a strategic vision to build a state-of-the-art portfolio in the renewable sector, this is a natural evolution for the BC Jindal Group.</p>
<p>Commenting on the announcement, <strong>Mr. Shyam Jindal, BC Jindal Group, said</strong>, “<em>In line with India’s ambitious renewable energy goals, our aim is to generate 5 GW power from solar, wind, hybrid and FDRE modes. As India aims to install 500 GW of renewable energy capacity by 2030, Jindal India Renewable Energy’s entry into this segment will give a boost to this mission. Our foray into the renewable sector is an evolution towards a green and sustainable future.</em>”</p>
<p><img fetchpriority="high" decoding="async" class="size-medium wp-image-43781 alignleft" src="https://newsmantra.in/wp-content/uploads/2024/08/1641193060_PI0oNl_solar_panels_wind_turbines_green_energy_concept-300x190.jpg" alt="Jindal" width="300" height="190" srcset="https://newsmantra.in/wp-content/uploads/2024/08/1641193060_PI0oNl_solar_panels_wind_turbines_green_energy_concept-300x190.jpg 300w, https://newsmantra.in/wp-content/uploads/2024/08/1641193060_PI0oNl_solar_panels_wind_turbines_green_energy_concept.jpg 367w" sizes="(max-width: 300px) 100vw, 300px" /></p>
<p>Currently, India ranks 4<sup>th</sup> globally for adding more renewable capacities along with ranking 4<sup>th</sup> and 5<sup>th</sup> for wind and solar power capacity, respectively.</p>
<p>Speaking on the launch of this vertical, <strong>Mr. Punit Gupta, Executive Director, Jindal India Renewable Energy </strong><strong>said</strong>, “<em>To address India’s current energy requirement, brown energy is still dominant. As technology improves in this sector and demand increases, we aim to act as a key player in the renewable energy sector by leveraging the strength of our existing power company. This will enhance our energy security, ensuring a stable power supply for our operations.</em>”</p>
<p><strong>Jindal India Renewable Energy operates under the BC Jindal Group, founded in 1952 by Shri B.C. Jindal.</strong> Originally a steel pipe and fittings manufacturer, the group has grown into one of India’s leading conglomerates with a significant presence in the power sector. The formation of Jindal India Renewable Energy comes in the backdrop of BC Jindal Group’s legacy in the energy sector.</p>
<p>As India progresses towards its 2030 targets, JIRE’s initiative represents a forward-thinking approach to energy diversification. With a focus on environmental well-being at the core of its inception, BC Jindal Group’s commitment extends beyond compliance to a genuine dedication to preserving the environment for future generations.</p>
<p>The post <a href="https://newsmantra.in/bc-jindal-group-forays-into-indias-renewable-energy-sector-with-5-gw-goal/">BC Jindal Group Forays Into India’s Renewable Energy Sector with 5 GW Goal</a> appeared first on <a href="https://newsmantra.in">newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu &amp; Kashmir, Trending news | News Mantra</a>.</p>
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