TAG: "Captive Power Plant"

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Paschim Renewables to Develop 30 MW Solar Project in Karnataka

Paschim Renewables is expanding its solar footprint with a 30 MW project in Karnataka with an approximate investment of INR 150 crore. The company has signed an MoU with the Karnataka government for the same. The company is also developing a 7 MW captive power plant in Andhra Pradesh.

Captive Power Plant | February 18, 2025 | By Mrinmoy Dey | 356

Indus Towers to Acquire 26 Percent Stake in Amplus Tungabhadra for Captive Solar Power

Indus Towers acquired a 26 percent stake in Amplus Tungabhadra for a 50 MW captive solar power, ensuring regulatory compliance under the Electricity Act, 2003. The INR 27 crore investment supports Net Zero goals, reducing reliance on conventional energy and enhancing sustainability.

Captive Power Plant | February 04, 2025 | By EI News Network | 565

Bharti Airtel to Acquire 26 Percent Stake in AMP Energy Green Three

Bharti Airtel acquired a 26 percent stake in AMP Energy Green Three for INR 37.89 crore to secure renewable energy from a 50 MW hybrid plant in Rajasthan. The move aligns with captive power regulations and supports Airtel’s green energy goals.

Captive Power Plant | January 03, 2025 | By EI News Network | 783

KPI Green Energy Develops 15 MW Solar Power Plant for Aether Industries

Aether Industries has commissioned its full 15 MW solar power project with AutoTracker modules under the captive power producer segment, developed by KPIG Energia, a wholly-owned subsidiary of KPI Green Energy. The project is expected to deliver annual energy cost savings exceeding INR 150 million.

Captive Power Plant | December 30, 2024 | By Mrinmoy Dey | 916

Hindustan Zinc to Increase RE Contribution to 70 Percent by 2026

Hindustan Zinc Ltd., a Vedanta Group company, plans to raise its renewable energy contribution to over 70 percent of total power needs by 2026, expanding its renewable power delivery agreement to 530 MW as part of its commitment to decarbonization and achieving net-zero emissions by 2050.

Captive Power Plant | December 19, 2024 | By Mrinmoy Dey | 656

APTEL Clarifies Captive Power Plant Compliance Rules and Cross-Subsidy Dispute

The Appellate Tribunal ruled in favour of aggregating electricity consumption from multiple captive power plants for regulatory compliance and directed TNERC to resolve a time-barred claim dispute over cross-subsidy surcharges within four months.

Captive Power Plant | November 27, 2024 | By EI News Network | 1065

HLE Glascoat to Procure 5.61 MW Wind-Solar Hybrid Power from CleanMax

Gujarat-based HLE Glascoat, a manufacturer of process equipment for the chemical and pharmaceutical industries, has partnered with Clean Max Enviro Energy Solutions to procure captive wind-solar hybrid power. It has acquired a 26 percent stake in a CleanMax SPV developing a 2.31 MWp solar and 3.3 MW wind project in Gujarat.

Captive Power Plant | November 16, 2024 | By Mrinmoy Dey | 1053