Solar and Wind Group Captive Companies in India
Captive Model
A captive Power Plant is an electricity generation facility owned and operated by Commercial or Industrial consumers for their own energy consumption. The Renewable captive power plant can be of any energy source like Wind, Solar, Hybrid, etc.,
Group Captive Model
It is an electricity generation facility owned and operated by multiple Commercial or Industrial consumers for their own energy consumption.
The power generated from the captive/ group captive generating plant should be used by the captive user(s) by investing at least 26% of the equity in the project company.
Key Drivers for Captive Power Plant
Benefits of Captive Power Plant
Reduction in Power Bills
Nil Additional Surcharge
Nil Cross-Subsidy Charges
Extra Savings
Tax Benefits
Minimum Investment
We Opera Energy sets up a Special Purpose Vehicle (SPV) for group captive wherein the C&I consumers hold minimum 26 percent of the equity in a project and need to collectively consume at least 51% of the power generated. Opera Energy takes complete responsibility for the construction, commissioning, operation & maintenance of the Group Captive Plant. making it beneficial for the C&I users.