BC Jindal Group plans investment worth Rs 15,000 crore as it enters renewable energy market
A renowned name in the Indian business landscape, BC Jindal Group announced its foray into the renewable energy component manufacturing space with a plan to invest Rs 15,000 crore by 2030. The first phase would involve the investment of Rs 4,000 crore to establish manufacturing units, aiming to support India's 500 GW renewable energy target.
In the first phase, the firm would be setting up 2 GW of solar cell manufacturing/ solar module production, 4 GWh of battery storage capacity, and a solar glass manufacturing unit with a capacity of 1,200 tonnes per day.
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