Spurred by urbanisation, industrial growth and government-led rural electrification programs, India’s energy demands have grown exponentially in recent years. And in a rapidly developing country like India, access to energy is a necessity that drives education, healthcare and economic opportunities. Yet 67 lakh people in India still live without access to reliable energy sources, according to a United Nations report. Challenges such as grid connectivity, affordability and environmental concerns continue to widen the energy access gap.
Recognising the urgent need for energy solutions, B.C. Jindal Group of Companies have stepped up to the challenge. Through innovative solutions and a commitment to sustainability, the B.C. Jindal Group is bringing clean, affordable energy to regions across the country. Let’s understand in detail how the B.C. Jindal Group is bridging the energy access gap in India.
The Jindal India Power Plant in Odisha exemplifies the B.C. Jindal Group’s dedication to delivering reliable energy while promoting sustainable growth. Situated in a region brimming with natural resources, this state-of-the-art power plant balances traditional power generation with eco-friendly practices. The 1,200 MW thermal power plant leverages cutting-edge technologies to achieve “Zero Discharge” operations that guarantee no effluents or spent resources are released into the environment. By optimising resource utilisation and minimising environmental disruption, Jindal India Power Plant Limited has adopted a holistic approach to power generation.
As one of the renewable energy industry companies in India, JIRE is actively investing in India’s transition to green energy. With investments worth $2.5 billion over the next five years, we aim to generate 5 GW of power from renewable sources. This will include a blend of solar, wind, hybrid systems and Firm and Dispatchable Renewable Energy (FDRE) modes. By tapping into diverse renewable sources, we’re ensuring a stable and resilient power supply that can support India’s rapidly growing energy demands while keeping carbon emissions low.
One of the key areas of focus for Jindal India Renewable Energy is solar technology. We’re currently setting up a state-of-the-art solar equipment manufacturing unit, where we will develop advanced solar cell and photovoltaic (PV) modules. This will help pave the way for affordable renewable energy solutions while reducing reliance on foreign imports. By scaling solar manufacturing, we aim to make solar energy more accessible to households, businesses and public infrastructure. We hope to build a brighter tomorrow, where green energy is a staple in every Indian home.
Recognising the potential of hybrid systems, we’re also integrating solar and wind energy to create hybrid renewable energy solutions. Many renewable energy industry companies find it challenging to ensure a consistent power supply due to the fluctuating nature of solar and wind resources. Our hybrid energy systems address these challenges by combining the strengths of different energy sources. This will not only maximise energy availability across diverse terrains but also minimise environmental impact.
At Jindal India Renewable Energy, we understand how crucial energy storage is for the seamless integration of renewable energy into India’s power grid. That’s why we’re all set to establish a 1 GWh battery pack assembly line by 2025 and foray into 5 GWh battery cell manufacturing by 2027. By investing in battery energy storage systems, we aim to ensure uninterrupted power supply even during unfavourable weather conditions or peak demands. These systems will also be instrumental in bridging the energy access gap in off-grid areas.
Energy is more than just a utility; it’s a lifeline that drives progress and equality. From the groundbreaking Jindal India Power Plant in Odisha to our expansive renewable energy portfolio, B.C. Jindal Group of Companies is addressing the pressing challenges of energy access in India. With every watt of energy generated, B.C. Jindal Group is lighting up not just homes but dreams and possibilities. Here’s to powering energy for all!