captive

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DCM Shriram to Procure 68 MW of Renewable Energy from JSW’s Hybrid Project

Diversified business group DCM Shriram will procure 68 MW of renewable energy from JSW Renew Energy Thirty-Two’s (a special-purpose vehicle of JSW Energy) wind-solar...

December 17, 2024

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Staff

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Open Access

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Solar

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Wind
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The Growing Market for Solar Open Access in Tamil Nadu

Tamil Nadu added record solar open access capacity in the first nine months (9M) of the calendar year (CY) 2024, surpassing the annual capacity additions of the previous...

December 13, 2024

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Sowndhiga U

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Mercom Research Focus

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Open Access

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Solar
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CIE Automotive to Procure Power from ReNew’s 7.8 MW Captive Solar Project

Automotive components manufacturer CIE Automotive will procure power from ReNew Green‘s 7.8 MW captive solar power project. The company invested ₹36.03 million...

October 31, 2024

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Arjun Joshi

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C&I

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Solar
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Varroc to Procure Power from AMPIN’s 27 MW Solar Project in Maharashtra

Automotive component company Varroc Engineering (Varroc) will procure solar power from AMPIN‘s 27 MW group captive project in Maharashtra. The two companies signed...

October 31, 2024

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Staff

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Open Access

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Solar

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Utility Scale
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UPNEDA Invites Bids for 23 MW Rooftop Solar Projects

Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has invited bids under five tenders for a cumulative capacity of 23 MW on-grid and off-grid rooftop...

October 31, 2024

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Tina Freese

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Solar

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Tenders & Auctions
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Sunsure to Supply Solar Power to C&I Consumers from 49 MW Project

Renewable energy solutions provider Sunsure Energy has commissioned a 49 MW solar project in Uttar Pradesh from which power will be supplied to commercial and industrial...

October 25, 2024

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Staff

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C&I

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Open Access

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Solar
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Epic Energy to Set Up 35 MW Solar Park for Group Captive Projects

Mumbai-based Epic Energy, a solar EPC solutions provider, announced it is setting up a 35 MW solar park near Solapur in Maharashtra with Niva Ecotech, a solar park...

September 6, 2024

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B.S. Nagaraj

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Market & Policy

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Open Access

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Solar
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Tamil Nadu Proposes New Rules for Verifying Captive Status of Power Projects

The Tamil Nadu Electricity Regulatory Commission (TNERC) has released draft regulations aimed at tightening the process to verify if power projects qualify as captive...

June 28, 2024

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Arshreet Singh

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Markets & Policy

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Solar
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IOC Invites Bids for 1 MW Open Access Captive Solar Project in Haryana

Indian Oil Corporation (IOC) has issued a tender for the engineering, procurement, and construction (EPC) of a 1 MW grid-connected open access captive solar power...

April 2, 2024

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Arshreet Singh

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Solar

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Tenders & Auctions
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Jabalpur Municipal Corporation Floats Consultancy Tender for 10 MW Solar Projects

The Municipal Corporation of Jabalpur has invited proposals from eligible consultants to set up 10 MW solar projects under captive/net metering mode to supply power to...

February 1, 2024

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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KPI Green’s Net Profit Increases 64% YoY to ₹347 Million in Q2 FY24

Renewable energy solutions provider KPI Green Energy posted a net profit of ₹347.5 million (~$4.2 million) in the second quarter (Q2) of the financial year (FY) 2024, an...

November 6, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Supreme Court Clarifies Ownership, Consumption Terms for Captive Power Projects

In a recent ruling, the Supreme Court of India reaffirmed that a user who owns 26% of a captive power-generating project and utilizes 51% of its electricity could be...

October 11, 2023

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Rakesh Ranjan

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Market & Policy

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Solar
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Ayana to Supply 100 MW RTC Renewable Power to Hindalco’s Smelters in Odisha

Ayana Renewable Power, an India-based independent power producer, has signed a power purchase agreement with Hindalco Industries, the metals flagship company of Aditya...

September 4, 2023

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Satish Shetty

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Other

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Renewable Energy
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Andhra Regulator Notifies Amendments to RPO Compliance Regulations 2022

The Andhra Pradesh Electricity Regulatory Commission (APERC) has notified the amendments to the Renewable Power Purchase Obligation Compliance by Purchase of Renewable...

July 19, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Each User Mandated to Own 26% Shareholding in Group Captive Power Project

Each captive power user, even in a group captive structure of open access, must now hold a minimum ownership of 26%, according to the amendments to the Electricity Rules,...

July 6, 2023

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Rakesh Ranjan

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Open Access

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Solar

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