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					</table><p>Jindal Steel &amp; Power (<a href="https://www.jindalsteelpower.com/" target="_blank" rel="noopener">JSP</a>) has commissioned a 15 MW<sub>dc</sub> rooftop solar project at its steel manufacturing plant in Angul, Odisha.</p>
<p>The 15 MW capacity comprises two projects, 12 MW<sub>dc,</sub> and 3 MW<sub>dc</sub> capacities. The project is expected to help power partial operations at the Angul plate mill<strong>.</strong></p>
<p>The rooftop solar project has a cumulative generation capacity of 21 million units per year. The project is expected to reduce the unit&#8217;s annual CO2 footprint by 18,000 tons.</p>
<p><a href="https://saatvikgroup.com/" target="_blank" rel="noopener">Saatvik Solar</a>, a solar PV module manufacturing company and solar EPC service provider, commissioned the 12 MW rooftop solar capacity for JSP at their plate mill in Angul. The project utilized Mono Perc 545Wp modules and was commissioned on a single tin shade roof.</p>
<p>With a DC capacity of 12,009 kWp and an AC capacity of 9,145 kWp, the 12 MW project is expected to generate 15,784,100 units per annum, reducing 9,610 tons of CO2 annually.</p>
<p>The 3.25 MW rooftop solar capacity was commissioned by <a href="https://ornatesolar.com/" target="_blank" rel="noopener">Ornate Solar</a>, covering an extensive InRoof structure space of 197,000 square feet and set up at an elevation of 15 meters (49 feet).</p>
<p>The company also recently deployed ten electric buses and 27 electric SUVs at the Angul facility.</p>
<p>&#8220;At Jindal Steel and Power, we are dedicated to sustainable growth and environmental stewardship,&#8221; said Naveen Jindal, Chairman of Jindal Steel &amp; Power. &#8220;The introduction of electric vehicles and the commissioning of our extensive solar installations at the Angul unit are significant steps towards fulfilling our commitment to achieving net zero and to building a cleaner and greener earth for future generations.&#8221;</p>
<p>The company said that embracing electric vehicles and clean energy solutions paves the way for a more environmentally conscious and sustainable future for the industry as a whole.</p>
<p>Last year, Jindal Stainless <a href="https://www.mercomindia.com/jindal-stainless-to-install-27-mw-of-rooftop-projects" target="_blank" rel="noopener">announced</a> it is planning to install two rooftop solar power projects of 21 MW and 6 MW capacity at its Jajpur and Hisar units, respectively, in a move to reduce its carbon footprint.</p>
<p>Mercom India has been <a href="https://www.mercomindia.com/event" target="_blank" rel="noopener">hosting</a> a C&amp;I Clean Energy Meet Series across major cities in India, creating a unique platform for commercial and industrial consumers to come face-to-face with the industry stakeholders to answer questions related to the renewable energy transition. The second in the series will be <a href="https://www.mercomindia.com/event/c-and-i-clean-energy-meet-2024-lucknow" target="_blank" rel="noopener">held</a> in Lucknow on March 1.</p>


Jindal Commissions 15 MW Rooftop Solar Project at Odisha Steel Mill


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					</table><p><a href="https://www.jindalstainless.com/" target="_blank" rel="noopener">Jindal Stainless</a> has announced it is planning to install two rooftop solar power projects of 21 MW and 6 MW capacity at its Jajpur and Hisar units, respectively, in a move to reduce its carbon footprint.</p>
<p>The roofs of various shop floors at both units have been identified to install these rooftop solar projects with an investment of more than ₹1.2 billion (~$14.6 million).</p>
<p>Both projects are scheduled to be completed by March 2024.</p>
<p><strong> </strong>The two rooftop solar projects are expected to generate about 795 million units of electricity, with a carbon abatement potential of 564,450 tons in its life span of 25 years.</p>
<p>In addition to the environmental benefits, these rooftop solar projects will also save 108 acres of land that would have been used if the project was located on the ground, the company said.</p>
<p>Jindal Stainless’ Hisar unit has already commissioned rooftop solar projects of 4.1 MW, which is capable of generating 110.7 million units of electricity and reducing 78,597 tons of CO<sub>2</sub>.</p>
<p>The company said it is taking strides towards achieving its Net Zero carbon emissions by implementing sustainable initiatives and adopting renewable energy solutions.</p>
<p>Abhyuday Jindal, Managing Director at Jindal Stainless, said, “This is an important step towards achieving our Net Zero target. Solar rooftop plants are a great alternate source of energy in a tropical country like ours… Our aim is to make sure that our growth stems from the finest sustainable practices that revolve around social upliftment, good governance, decarbonization, waste management, and digitalization.”</p>
<p>Jindal Stainless has also installed a green hydrogen Plant at Hisar. The company said it has reduced its carbon emissions by 1.4 lakh tons in financial year 2022.</p>
<p>Recently, the company <a href="https://mercomindia.com/jindal-stainless-pact-renew-power-300-mw-renewable-project/" target="_blank" rel="noopener">signed</a> a contract with ReNew Power to develop a utility-scale captive renewable energy project for its plant in Jajpur. This project is expected to generate 700 million units per year using a combination of solar and wind power generation technologies.</p>
<p>Several corporates are turning to renewable energy to power their operations by entering contracts with solar and wind power generators.</p>
<p>Recently, Healthcare Global Enterprises, which runs cancer care centers, <a href="https://mercomindia.com/healthcare-global-mw-solar-project-to-save-energy-costs/" target="_blank" rel="noopener">installed</a> over 2.25 MW solar power projects in Jagaluru village of Davanagere district of Karnataka. HCG would save up to ₹42 million (~$514,266) in energy costs yearly with the solar installation.</p>
<p>In November 2022, pharmaceutical and biotechnology company Laurus Labs <a href="https://mercomindia.com/laurus-labs-solar-open-access-captive-vibrant/" target="_blank" rel="noopener">acquired</a> 26% equity shares in Ethan Energy, a special-purpose vehicle of Vibrant Energy Holdings, for ₹39 million (~$477,744). The acquisition will allow Laurus Labs to procure 100% of the energy produced by Ethan Energy from its 10 MW solar project under open access in captive mode.</p>
<p>Mercom India has been <a href="https://mercomindia.com/event/" target="_blank" rel="noopener">hosting</a> a C&amp;I Clean Energy Meet Series across major cities in India, creating a unique platform for commercial and industrial consumers to come face-to-face with the industry stakeholders to answer questions related to the renewable energy transition. The first of the events for 2023 will be held in Bengaluru on March 17.</p>


Jindal Stainless to Invest ₹1.2 Billion to Install 27 MW of Rooftop Solar Projects

<p><a href="https://www.jindalsteelpower.com/" target="_blank" rel="noopener">Jindal Steel</a>, Jajpur has invited bids to procure a maximum of 224 MW of renewable power (solar and non-solar) for interstate or intrastate trading to meet its additional power requirements due to its plant capacity expansion from December 1, 2022, to November 30, 2025.</p>
<p>The company will procure power from generators, state electricity boards, independent power producers, and traders with a valid interstate or intrastate trading license issued by the Central Electricity Regulatory Commission or state electricity regulatory commissions.</p>
<p>The last date to submit the bids is November 30, 2021. Bids will be opened on December 5.</p>
<p>The bidder must bid for a minimum of 80 MW</p>
<p>Bidders will have to submit ₹10,000 (~$134.7)/MW as an earnest money deposit. The successful bidder will have to furnish an amount of ₹200,000 (~$2,694)/MW/month of the contract period within seven days from the date of being selected.</p>
<p>The successful bidder should apply for booking of the open access transmission corridor to the regional load despatch center (RLDC) or state load despatch center (SLDC). The company will be responsible for the timely filing of the open access application before the nodal RLDC or SLDC and coordinating with them to get consent.</p>
<p>Jindal Steel has stated that the successful bidder should ensure that actual scheduling does not deviate by more than 15% of the contracted power as per the approved open access on a monthly basis.</p>
<p>In case the deviation is more than 15% of contracted energy for which open access has been allocated every month, the successful bidder will have to pay compensation at the rate of ₹1 (~$0.013)/kWh or the differential ex-bus tariff for the power arranged from any alternative source, whichever is higher for the quantum of the shortfall.</p>
<p>In April this year, Jindal Steel<strong> </strong><a href="https://mercomindia.com/daily-news-reduce-carbon-footprint/" target="_blank" rel="noopener">decided</a> to sell a 96.42% stake in electricity-generation subsidiary Jindal Power to Worldone for ₹30.15 billion (~$403.30 million). The deal included 3,400 MW coal-fired power plants in Chhattisgarh and other non-core assets owned by Jindal Power.</p>
<p>Subscribe to Mercom’s <a href="https://mercomindia.com/product/india-solar-tender-tracker/" target="_blank" rel="noopener">India Solar Tender Tracker </a>to stay on top of tender activity in real-time.</p>


Jindal Steel Invites Bids to Procure Up to 224 MW of Renewable Power through Open Access

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