BC Jindal Group plans to invest USD2.5 billion in renewable energy sector

BC Jindal Group is planning to invest approximately USD2.5 billion in India’s renewable energy sector over the next five years.

This investment will be managed through a newly established entity, Jindal India Renewable Energy (JIRE), which will focus on renewable power generation and the manufacturing of solar cells and modules. JIRE aims to generate 5 GW of power through solar, wind, hybrid, and firm and dispatchable renewable energy technologies, contributing significantly to India’s decarbonisation goals.