BC Jindal Group has emerged successful in securing a 150-megawatt (MW) segment of Solar Energy Corporation of India’s (SECI) 1,200 MW round-the-clock (RTC) renewable energy project via reverse auction. The awarded capacity comes with a competitive tariff of Rs 5.07 per kilowatt-hour (kWh), positioning the group to deliver uninterrupted clean power integrated with the Inter-State Transmission System (ISTS). This project aligns with BC Jindal’s ambitious $2.5 billion investment plan in renewables by 2030, marking a strategic pivot from its legacy thermal power operations towards a greener energy portfolio and reinforcing its role in India’s energy transition.
Winning the SECI Tender: A Strategic Milestone
BC Jindal Group’s recent success in the SECI reverse auction signals its growing footprint in India’s renewable energy sector. The group secured 150 MW out of the total 1,200 MW capacity that SECI tendered in November last year for a round-the-clock renewable energy project. The awarded tariff stands at Rs 5.07 per kWh, reflecting a competitive rate in the evolving RTC energy market, which aims to deliver uninterrupted power by combining renewable generation with storage or other solutions.
As part of the project’s scope, BC Jindal will be responsible for the development of ISTS-connected renewable energy facilities, encompassing land acquisition, installation, operation, and establishing crucial interconnection points with the national grid. This integration is vital for ensuring seamless power delivery to the distribution companies (DISCOMs) linked through SECI under the Power Purchase Agreement (PPA).
Operational and Regulatory Responsibilities
BC Jindal Group’s responsibilities extend beyond mere generation. The company will undertake land identification and project ownership, including securing all necessary regulatory and environmental clearances. It will also oversee infrastructure development for connecting the power plants with the ISTS network, enabling the dispatch of clean energy on a reliable basis.
This integrated approach is key to fulfilling SECI’s vision of 24x7 renewable power availability, which addresses variability challenges by combining solar, wind, and storage solutions. BC Jindal’s role in building transmission networks and delivery points highlights its technical capability and commitment to India's energy security and decarbonization goals.
A Vision for Renewable Growth
Founded in 1952 as a steel pipe manufacturer, BC Jindal Group has steadily diversified its business portfolio. Today, it operates a 1,200 MW thermal power plant in Angul, Odisha, but its strategic focus is decisively shifting toward renewable energy.
The group has articulated a robust investment roadmap, planning to deploy approximately USD 2.5 billion in the renewable energy sector by 2030. This transition underscores its commitment to sustainable growth and contribution to India’s ambitious climate targets and energy transition agenda.
Conclusion
BC Jindal Group’s successful bid for a significant slice of SECI’s landmark RTC renewable energy project marks a pivotal step in the company’s evolution from traditional thermal power generation to renewable energy leadership. With an emphasis on advanced infrastructure integration and operational excellence, the group is poised to be a key player in India’s renewable revolution, delivering clean, reliable power while meeting growing demand and environmental imperatives.
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