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Poly Medicure Signs JV with AMPIN to Set Up Captive Solar Plant in Haryana

Poly Medicure Ltd., a Delhi-based medical devices manufacturer, has entered a joint venture with AMPIN C&I Power Pvt. Ltd. to establish a captive solar power plant that will supply energy to its manufacturing facility in Haryana.

Captive User | January 13, 2025 | By Mrinmoy Dey |  341

Gujarat Alkalies and Chemicals to Procure 62.7 MW Hybrid Power from Aditya Birla Renewables

Gujarat Alkalies and Chemicals Ltd. (GACL) will procure 62.7 MW of renewable hybrid power from Aditya Birla Renewables through a captive arrangement, acquiring a 26 percent stake in the SPV, Aditya Birla Renewables SPV 4.

Captive User | December 31, 2024 | By Mrinmoy Dey |  624

UltraTech Cement to Procure Wind-Solar Hybrid Power from CleanMax

UltraTech Cement Ltd. has partnered with CleanMax to procure renewable energy in a captive mode from a 55 MW wind-solar hybrid project in Karnataka. The company picked up a 26 percent stake in the SPV Clean Max Sapphire.

Captive User | December 27, 2024 | By Mrinmoy Dey |  748

Packaging Solutions Company Uflex to Procures Solar Energy from Amplus Solar

Noida-based Uflex Ltd., a packaging solutions provider, has partnered with Amplus Solar to procure solar energy to meet green energy needs and optimize energy costs. To fulfil the requirement of captive power consumption under electricity laws it picked up 17.75 percent stake in Amplus Phoenix Energy for INR 11.67 crore.

Captive User | December 20, 2024 | By Mrinmoy Dey |  515

Bihar to Lower Green Energy Open Access Eligibility Limit to 100 kW

The Bihar Electricity Regulatory Commission (BERC) has proposed to lower the open access threshold to 100 kW for Green Energy Open Access (GEOA), capping surcharges, and promoting renewable energy integration across the state.

Captive User | December 19, 2024 | By Mrinmoy Dey |  638

Godrej Industries to Procure Hybrid RE Power from CleanMax in Gujarat

Godrej Industries Ltd. (GIL) has partnered with Clean Max Enviro Energy Solutions (CleanMax) to procure hybrid renewable energy for its Valia, Gujarat factory, acquiring a 26 percent stake in the Clean Max Kaze SPV. Further investment of up to INR 7.59 crore by January 2025 is planned.

Captive User | December 19, 2024 | By Mrinmoy Dey |  497

Jindal Saw to Procure RE Power from ReNew Green Energy

Jindal Saw Ltd. has partnered with ReNew Green Energy Solutions to procure renewable energy, acquiring a 31.20 percent stake in the SPV ReNew Green MHH One Pvt. Ltd. to secure electricity at concessional rates.

Captive User | December 18, 2024 | By Mrinmoy Dey |  660

CIE Automotive India Invests INR 36.03 Mn to Procure Solar Power from ReNew’s 7.8 MW Captive Plant

CIE Automotive India has invested INR 36.03 million for a 31.2 percent stake in ReNew Green's SPV to establish a 7.8 MW captive solar plant, reducing energy costs for its Maharashtra factories.

Captive User | November 01, 2024 | By Mrinmoy Dey |  1375

Strides Pharma Invests 1.61 Cr to Procure Solar Power from AMPIN’s Project in Chennai

Strides Pharma Science has invested INR 1.61 crore for a 2.48 percent stake in AMPIN Energy C&I One to procure solar power for its Chennai facility, aligning with its renewable energy goals.

Captive User | October 28, 2024 | By Mrinmoy Dey |  652

Ramkrishna Forgings Invests INR 12.90 Cr in AMPIN Energy’s SPV to Procure Solar Energy

Ramkrishna Forgings has approved an investment of INR 12.90 crore in equity and debentures in AMP Energy C&I Fifteen, an SPV by Ampin Energy Transition, to secure solar power under a captive generation scheme for its operations.

Captive User | October 25, 2024 | By Mrinmoy Dey |  858

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