Jindal India Renewable Energy Signs PPA with SECI for 150 MW RTC Renewable Power
Jindal India Renewable Energy has announced the signing of a PPA with Solar Energy Corporation of India to supply 150 MW of round-the-clock renewable power from a hybrid solar-wind-storage project.
December 01, 2025. By Mrinmoy Dey
“This hybrid project comprising solar-wind-storage capacities, is expected to deliver power by FY 2027–28, marks an important step in our journey to deliver firm, round-the-clock renewable power to India’s grid,” the company stated in a social media post.
SECI floated the tender for procuring 1,200 MW RTC renewable power in November 2024 and JIRE secured 150 MW at a tariff of INR 5.07/kWh at the auction held in May 2025.
As part of the project, JIRE 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 company 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.
“The ISTS-connected project will be developed to meet RTC requirements, including 90 percent supply during peak hours. This is a great achievement in our journey to bring us closer to a reliable, net-zero future,” the company stated.
Recently, Jindal India Renewable Energy 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.
In line with its strategic growth plan, the B C Jindal group intends to invest USD 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.
The company in an earlier statement shared that 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.
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