Captive solar power plant policy

What is a captive solar project?

Solar power plants established by companies or industrial facilities primarily to meet their own energy needs are referred to as captive solar projects. Captive solar projects are made to produce electricity solely for the owner’s use, as opposed to conventional solar green energy solutions that sell power to the grid.

What if a power plant has a captive user?

p captive users would negate the plant’s claim to captive status. It may be noted that for a “captive” power plant, the Electricity Rules provides that “not less than 26% of the ownership is held by the captive user(s), and not less than 51% of the aggregate electricity generated in such pla

Are captive solar projects a viable alternative?

Captive solar projects have become a viable alternative among the many solar power solutions available to companies seeking a dependable and environmentally friendly energy supply. Numerous advantages are provided by these initiatives, such as lower costs, energy security, and a smaller carbon footprint.

What is a captive solar power plant?

A captive solar power plant refers to a solar power plant that has been implemented by a company for its own consumption. This means, the power generated by the solar power plant is consumed entirely by the developing company itself.

What is captive power?

CAPTIVE POWER PLANTS may be defined as plants meant for catering to the needs of a particular industry/consumer or group of industries/consumers for their own use, which should be not less than 50% of the total output of the plant.

What can captive power plants do with their surplus power?

Captive power plants of industries may be allowed to sell their surplus power, if any, to the Grid, on a remunerative tariff, as per mutually agreed terms. Setting up of captive power plants would quickly add to the generating capacity in the country.