Latest news with #BCJindal
Time of India
4 days ago
- Business
- Time of India
BC Jindal bags 150 MW round-the-clock project from SECI
The BC Jindal group on Wednesday announced that it has won a 150 MW round-the-clock ( RTC ) project in a reverse auction conducted by Solar Energy Corporation of India ( SECI ) at a tariff of Rs 5.07/kWh. The auction was part of SECI's 1200 MW RTC project. Under the terms of the agreements, the company would be setting up Inter-State Transmission System (ISTS)-connected renewable energy power projects. Additionally, the firm would be responsible for land identification, project installation and ownership, obtaining approvals, and connecting with the ISTS power generated will be supplied to DISCOMs under a Power Purchase Agreement (PPA) through SECI. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 아침마다 뒷목 땡긴다면 99% '이것' 때문 생활 건강 꿀팁 공유 더 알아보기 Undo 'This project win gives a big push to our goal of playing a key role in supporting India's transition to clean energy and assisting the country achieve its renewable energy target of 500 GW by 2030,' said a company spokesperson. Earlier, Jindal India Renewable Energy (JIRE) won two major 300 MW solar plus storage projects from state-owned SJVN and another from NHPC . Live Events To meet the ambitious target of achieving 500GW by 2030, the Centre is eyeing adding 50GW of renewable energy capacity addition per annum. India has logged threefold growth in its renewable power capacity in the last decade, with the installed green energy capacity reaching 232GW, including large hydro power plants, currently compared to 75.52GW capacity in March 2014, official sources told PTI. India has emerged as a global front runner in the renewable energy space as the tariff of the grid-connected solar power plants has gone down by 80 per cent to Rs 10.95 per unit (for 170MW at Neemuch). In March 2014, India's installed solar energy capacity was 2.82 GW, which has crossed 108GW now, recording multifold growth. Wind energy capacity has more than doubled to 51GW presently from 21GW in 2014.
Business Standard
13-05-2025
- Business
- Business Standard
Jindal Poly Films' subsidiary to undertake Rs 700 crore capex for setting up new film lines
Jindal Poly Films said that its subsidiary JPFL Films would set up new BOPP, PET and CPP lines in Nashik, Maharashtra, as part of its capacity addition plans. The new lines, expected to be commissioned in next 2-3 years time, will see a capex commitment of above Rs 700 crore. JPFL Films would set up a new BOPP line to have a capacity of upto 42,000 tonne per annum, a new PET line to have a capacity of upto 55,000 tonne per annum and a new CPP line to have a capacity of upto 18,000 tonne per annum. Jindal Poly Films stated that this capacity expansion is in addition to its ongoing new BOPP line which was announced in the month of August, 2024 and is part of the companys strategic play in the flexible packaging segment and in line with the companys aim to increase market share amidst challenging demand-supply imbalances leading to ongoing pricing pressures in the sector. The expansion comes with the YoY growth of around 43% in net revenue from operations in 9 months period FY 24-25 and to maintain its market leadership despite business headwinds. Flexible packaging, or packaging in general, is regarded as one of the most lucrative industries due to its wide applicability in the food and beverage, personal care, and pharmaceutical industries. These new lines will be the most advanced in the market, boasting superior width and output capabilities, along with exceptional reliability, equipment quality, process efficiency, technological advancement, quality enhancement to achieve customer satisfaction and strengthening its market position, Jindal Poly Films stated. Jindal Poly Films, part of the BC Jindal group, manufactures polyester chips and the complete range of packaging films comprising BOPET, BOPP and non-woven fabrics. The scrip advanced 0.85% to currently trade at Rs 669.00 on the BSE.
