DISCOMs a Hurdle for the Growth of Open Access Projects in Rajasthan

DISCOMs a Hurdle for the Growth of Open Access Projects in Rajasthan

Rajasthan is one of the most favorable states to set up group captive solar power projects due to its high solar irradiation and the benefit of lower net landed cost ...
DFM Foods to Buy Solar Via Open Access Under Group Captive Mode from Fourth Partner Energy

DFM Foods to Buy Solar Via Open Access Under Group Captive Mode from Fourth Partner Energy

Noida-based packaged snacks manufacturer DFM Foods announced that they have invested ₹9.6 million (~$130,672) to acquire 5.57% equity shares in Belenus Solar Private Limited, a special purpose vehicle of Fourth ...
/ / Finance and M&A, Solar
Ashok Leyland to Buy Solar Via Group Captive Model from Hinduja Group' Open Access Project

Ashok Leyland to Buy Solar Via Group Captive Model from Hinduja Group’s Open Access Project

Ashok Leyland, the multinational automobile company owned by the Hinduja Group has announced that it has invested ₹186.6 million (~$2.56 million) for a 26% stake in Prathama Solarconnect Energy Private ...
ITI Limited to Procure Solar Power Through Open Access Under Group Captive Model

ITI Limited to Procure Solar Power Through Open Access Under Group Captive Model

ITI Limited, a public sector undertaking under the Department of Telecommunication, Ministry of Communications, has issued a tender for procuring solar energy from the off-site, ground-mounted project through the group ...
Chennai Metro to Buy Solar, Wind & Hybrid Power from Group Captive Projects

Chennai Metro to Buy Solar, Wind & Hybrid Power from Group Captive Projects

The Chennai Metro Rail Limited (CMRL) has issued a request for a proposal (RfP) to select contractors for supplying renewable power from group captive open access projects. The deadline for ...
/ / Markets & Policy, Solar
Karnataka Solar Policy Amended – Bid Security Amount for Group Captive Projects Raised

Karnataka Solar Policy Amended – Bid Security Amount for Group Captive Projects Raised

The Karnataka State Solar Policy 2014-21 has been amended for the third time and addresses three important points – the size limitation of private solar parks, the performance guarantee for ...
/ / Markets & Policy, Solar
Airtel Makes its Foray into Solar Through the Group Captive Model

Airtel Makes its Foray into Solar Through the Group Captive Model

Leading telecom operator Bharti Airtel Limited has entered into an agreement with AMPSolar Evolution Private Limited (AMPSolar), a wholly-owned subsidiary of AMPSolar Technology Private Limited (AMP), to acquire equity shares ...
/ / Finance and M&A, Solar
Is Group Captive the Next Attractive Solar Market in 2019?

Is Group Captive the Next Attractive Solar Market in 2019?

On paper, the open access solar is an attractive source of power for large consumers (with a connected load of more than 1 MW). It allows them to procure solar ...
CleanMax Solar to Develop 150 MW of Group Captive Solar Projects in Haryana

CleanMax Solar to Develop 150 MW of Group Captive Solar Projects in Haryana

CleanMax Solar, a leading rooftop solar developer, has initiated the process for setting up 150 MW of solar group captive projects to supply power to corporates in the state of ...
/ / Solar, Utility Scale