group-captive

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Daily News Wrap-Up: India’s Solar Installations Reaches 1.9 GW in Q1 2023

India installed 1.9 GW of new solar capacity during the first quarter (Q1) 2023, a decline of 48% year-over-year (YoY), according to Mercom India Research’s newly...

May 26, 2023

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Mercom India

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Daily Wrap-up
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Group Captive is the Most Preferred Open Access Mode for C&I Customers: Interview

The group captive model is the most preferred model by the commercial and industrial (C&I) segment as it allows them to not only use green energy but also save...

May 25, 2023

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Sumit Jha

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Other

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Renewable Energy
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Karnataka Milk Federation Invites Bids for 110 MW Solar Project

The Karnataka Cooperative Milk Producers’ Federation (KMF) has invited bids for the implementation of a 110 MW solar power project in group captive mode. The scope of...

February 9, 2023

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Gautamee Hazarika

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Solar

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Tenders & Auctions
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Tata Power to Develop Group Captive Solar Project for Condominium in Mumbai

Tata Power Renewable Energy (TPREL), a subsidiary of Tata Power, signed an agreement with Vivarea Condominium in Mumbai to set up a 3.125 MW group captive solar project...

January 11, 2023

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Satish Shetty

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Consumers

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Open Access

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Solar
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Electricity Tariff Hike Could Nudge Tamil Nadu C&I Entities to Adopt Solar Open Access

Commercial and industrial (C&I) consumers in Tamil Nadu are considering switching to solar open access projects under captive and group captive mode as opposed to...

September 22, 2022

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Vijayalakshmi Sridhar

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Markets & Policy

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Mercom Research Focus

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Solar
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Consultancy Tender Issued for 100 MW of Open Access Solar Projects in Karnataka

The Karnataka Milk Producer’s Cooperative Federation (KMF) has issued a request for proposal (RfP) for project management consultancy services to assist the federation...

September 7, 2022

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Satish Shetty

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Solar

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Tenders & Auctions
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Hindustan Zinc to Procure Renewable Power up to 200 MW

Hindustan Zinc has acquired a 26% stake in a special purpose vehicle, Serentica Renewables India 4, for ₹3.5 billion (~$43 million) and executed a long-term renewable...

September 5, 2022

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Vijayalakshmi Sridhar

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Finance and M&A

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Other
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Bids Invited to Develop 100 MW of Open Access Solar Projects For Karnataka Milk Unions

Karnataka Cooperative Milk Producers’ Federation (KMF) has invited bids for installing and commissioning 100 MW of solar power projects under the group captive model for...

July 19, 2022

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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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...

June 21, 2022

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Arjun Joshi

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Mercom Research Focus

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Solar
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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...

May 11, 2021

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Rahul Nair

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Finance and M&A

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Solar
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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...

February 17, 2021

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Rahul Nair

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Finance and M&A

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Other

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Renewable Energy
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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...

March 13, 2020

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Nithin Thomas Prasad

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Solar

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Tenders & Auctions
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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...

February 7, 2020

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Anjana Parikh

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Markets & Policy

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Solar
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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...

October 23, 2019

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Anjana Parikh

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Markets & Policy

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Solar
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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...

October 22, 2019

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Staff

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Finance and M&A

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Solar

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