+
BC Jindal Group Invests $2.5 Billion in Renewable Energy Sector
POWER & RENEWABLE ENERGY

BC Jindal Group Invests $2.5 Billion in Renewable Energy Sector

BC Jindal Group is significantly expanding its business portfolio by entering the renewable energy sector with a substantial $2.5 billion investment. This strategic move is aimed at accelerating the development of green energy infrastructure and contributing to the global shift towards sustainable energy sources.

The investment will support a range of projects, including the establishment of new solar and wind power facilities. By focusing on renewable energy, BC Jindal Group intends to diversify its investments and leverage the growing demand for clean energy solutions.

This development is part of a broader trend where traditional industrial groups are increasingly venturing into renewable energy to align with global sustainability goals and capitalise on the economic opportunities presented by the green transition. The move is expected to not only enhance BC Jindal Group's market presence but also drive innovation and growth in the renewable energy sector.

BC Jindal Group is significantly expanding its business portfolio by entering the renewable energy sector with a substantial $2.5 billion investment. This strategic move is aimed at accelerating the development of green energy infrastructure and contributing to the global shift towards sustainable energy sources. The investment will support a range of projects, including the establishment of new solar and wind power facilities. By focusing on renewable energy, BC Jindal Group intends to diversify its investments and leverage the growing demand for clean energy solutions. This development is part of a broader trend where traditional industrial groups are increasingly venturing into renewable energy to align with global sustainability goals and capitalise on the economic opportunities presented by the green transition. The move is expected to not only enhance BC Jindal Group's market presence but also drive innovation and growth in the renewable energy sector.

Next Story
Real Estate

DLF Returns to Mumbai with Premium Andheri Residential Project

Delhi-NCR based real estate major DLF announced its return to the Mumbai market on 17 July with the launch of its premium residential project, The WestPark, in Andheri. The first phase includes 416 apartments spread across four towers, with two towers launched on the announcement day. The company plans to invest over Rs 8 billion in the project and expects a topline exceeding Rs 20 billion from Phase 1.“We have launched two towers and, given the strong response, plan to unveil the remaining two towers ahead of schedule, within the next few days,” said Aakash Ohri, Joint Managing Director o..

Next Story
Infrastructure Urban

APCRDA Advances Net Zero Goal with IGBC Training for Officials

In a significant stride towards Andhra Pradesh’s Net Zero target by 2040 and the Swarna Andhra 2047 vision, the Andhra Pradesh Capital Region Development Authority (APCRDA), in partnership with the Indian Green Building Council (IGBC), conducted a high-level capacity-building programme for senior officials in Vijayawada on Friday.Held at a city hotel, the session saw the participation of over 50 senior APCRDA officials, including the Engineer-in-Chief, Chief Engineer (H&B), Director (Planning), Director (Environment), and heads of key departments. The training centred on IGBC’s Green B..

Next Story
Infrastructure Energy

Assam Solar Project Halted as Waaree EPC Contract Is Cancelled

Following the Assam government’s withdrawal from its proposed solar project, the Engineering, Procurement, and Construction (EPC) contract awarded to Waaree Renewable has been suspended. Waaree Group’s EPC division informed the stock exchange of this development through a regulatory filing.The Assam solar project was suspended due to funding challenges, which rendered the initiative unviable for the state government. Waaree Renewable Transmission Limited (RTL) explained that the Government of Assam has withdrawn the project’s funding via the Asian Development Bank (ADB) loan. Consequentl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?