TAG: "Captive Solar Power "

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Shree Ganesh Remedies Commissions 2 MW Captive Solar Plant in Gujarat

Gujarat-based pharmaceutical company Shree Ganesh Remedies Ltd. has commissioned a 2 MW solar power plant in Gujarat, covering 70 percent of its power needs. The project is expected to generate annual savings of approximately INR 2 crore in electricity expenses.

Captive Solar Power | March 26, 2025 | By Mrinmoy Dey | 354

KPI Green Energy Subsidiary Bags LoAs for 13.80 MW Captive Solar Power Projects

KPI Green Energy's subsidiary, Sun Drops Energia, has secured LoAs for developing 13.80 MW of solar projects under its Captive Power Producer segment in Gujarat.

Captive Solar Power | March 26, 2025 | By Mrinmoy Dey | 706

Dalmia Cement to Procure 10 MW Solar Power from Captive Plant in Tamil Nadu

Dalmia Cement (Bharat) Ltd. will procure 10 MW of solar power from Kilavikulam Rajalakshmi Solar Power Developer’s captive plant in Tamil Nadu as part of its commitment to RE100 by 2030. The company will acquire 34.52 percent equity stake in the SPV for INR 3 crore.

Captive Solar Power | March 10, 2025 | By Mrinmoy Dey | 641

Banganga Paper Mills to Procure 2.5 MW Solar Power from Livint Green Technologies

Banganga Paper Mills Ltd. has signed a Power Purchase Agreement (PPA) with Livint Green Technologies Ltd. to procure solar power from a 2.5 MW captive solar plant in Maharashtra, ensuring cost-effective and sustainable energy for its Nashik manufacturing unit.

Captive Solar Power | February 18, 2025 | By Mrinmoy Dey | 608

Indus Towers to Acquire 26 Percent Stake in Amplus Tungabhadra for Captive Solar Power

Indus Towers acquired a 26 percent stake in Amplus Tungabhadra for a 50 MW captive solar power, ensuring regulatory compliance under the Electricity Act, 2003. The INR 27 crore investment supports Net Zero goals, reducing reliance on conventional energy and enhancing sustainability.

Captive Solar Power | February 04, 2025 | By EI News Network | 652

India’s Power Sector Witnesses Non-Utility Solar Boom, Says SBI CAPS Report

SBI CAPS reports India’s non-utility solar surge in 2024, with rooftop and off-grid installations contributing 25 percent of solar additions. Supported by policies, subsidies, and cost reductions, annual non-utility solar growth could reach 20 GW by FY27.

Captive Solar Power | January 18, 2025 | By EI News Network | 740

Poly Medicure Signs JV with AMPIN to Set Up Captive Solar Plant in Haryana

Poly Medicure Ltd., a Delhi-based medical devices manufacturer, has entered a joint venture with AMPIN C&I Power Pvt. Ltd. to establish a captive solar power plant that will supply energy to its manufacturing facility in Haryana.

Captive Solar Power | January 13, 2025 | By Mrinmoy Dey | 534

Packaging Solutions Company Uflex to Procures Solar Energy from Amplus Solar

Noida-based Uflex Ltd., a packaging solutions provider, has partnered with Amplus Solar to procure solar energy to meet green energy needs and optimize energy costs. To fulfil the requirement of captive power consumption under electricity laws it picked up 17.75 percent stake in Amplus Phoenix Energy for INR 11.67 crore.

Captive Solar Power | December 20, 2024 | By Mrinmoy Dey | 754

Strides Pharma Invests 1.61 Cr to Procure Solar Power from AMPIN’s Project in Chennai

Strides Pharma Science has invested INR 1.61 crore for a 2.48 percent stake in AMPIN Energy C&I One to procure solar power for its Chennai facility, aligning with its renewable energy goals.

Captive Solar Power | October 28, 2024 | By Mrinmoy Dey | 824

Henkel India Teams Up with CleanMax to Cut Absolute Emissions

This partnership is a significant step to boost solar power utilization resulting in additional annual CO2 savings of over 4500 tonnes in the company’s Kurkumbh and Thane manufacturing sites. This is equivalent to planting about 300,000 trees annually.

Captive Solar Power | September 25, 2024 | By News Bureau | 1224