BC Jindal Group, one of India’s leading conglomerates has announced its foray into the renewable energy component manufacturing sector. The company plans to invest Rs 15,000 crore by 2030 to support India's green energy transition.

The move marks a significant diversification of the Group’s portfolio, with the new vertical focusing on the manufacturing of solar cells and modules, storage battery cells, solar glass, and assembly units. According to the company, this investment aligns with India's target of installing 500 GW of renewable energy capacity by 2030. In the first phase, the company will deploy Rs 4,000 crore to establish the foundational infrastructure. This includes two GW solar cell and module production capacity, 4 GWh battery storage capacity, and a solar glass unit capable of producing 1,200 tpd.

The company has shortlisted Maharashtra and Gujarat as potential sites for setting up its manufacturing facilities. Both states offer strategic logistical and infrastructural advantages. Furthermore, the Group expects that approximately 40 percent of the manufactured output will be captive consumption for its own renewable energy projects.

The initiative also reflects rising domestic and global demand for end-to-end sustainable energy products, where India is positioning itself as a competitive manufacturing hub. This expansion into renewables not only strengthens the group's business diversification strategy but also reinforces its commitment to environmental sustainability and energy security for the future.