B C Jindal Group's JIRE bags 300 MW Solar-BESS order from SJVN
Kolkata, May 12 -- B C Jindal Group, one of India's leading business conglomerates with over Rs 18,000 crore turnover, on Monday announced that its renewable energy arm, Jindal India Renewable Energy (JIRE), has 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).
JIRE won the bid for 300 MW of solar capacity at a tariff of 3.32/kWh.
According to the terms, the project will be developed on a build-own-operate basis. The greenfield project must be completed within 24 months from the signing of the power purchase agreement (PPA).
Commenting on the announcement, t...
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