TAG: "captive user"

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Madras High Court Strikes Down Network Charges on Rooftop Solar Projects for Captive Use

The Madras High Court has struck down Tamil Nadu Power Distribution Corporation's network charges ranging from INR 0.83 to INR 1.27 per unit on industrial captive rooftop solar users, ruling them in conflict with the state's renewable energy policies.

Captive User | April 01, 2025 | By Mrinmoy Dey | 319

Dalmia Cement to Procure 10 MW Solar Power from Captive Plant in Tamil Nadu

Dalmia Cement (Bharat) Ltd. will procure 10 MW of solar power from Kilavikulam Rajalakshmi Solar Power Developer’s captive plant in Tamil Nadu as part of its commitment to RE100 by 2030. The company will acquire 34.52 percent equity stake in the SPV for INR 3 crore.

Captive User | March 10, 2025 | By Mrinmoy Dey | 533

Banganga Paper Mills to Procure 2.5 MW Solar Power from Livint Green Technologies

Banganga Paper Mills Ltd. has signed a Power Purchase Agreement (PPA) with Livint Green Technologies Ltd. to procure solar power from a 2.5 MW captive solar plant in Maharashtra, ensuring cost-effective and sustainable energy for its Nashik manufacturing unit.

Captive User | February 18, 2025 | By Mrinmoy Dey | 538

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 | 496

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 | 807

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 | 983

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 | 710

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 | 767

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 | 736

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 | 836