TAG: "Group Captive mechanism"

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Karnataka High Court Quashes KERC's Captive Verification Procedure

The Karnataka High Court has set aside the Karnataka Electricity Regulatory Commission's captive verification procedure, holding that the regulator's methodology for determining proportional consumption by group captive users was inconsistent with the Electricity Rules, 2005 and the Supreme Court's ruling in the Dakshin Gujarat case.

Group Captive Mechanism | June 20, 2026 | By Mrinmoy Dey 259

Hero MotoCorp Reports INR 10,211 Crore Revenue in Q3 FY’25, 12 Percent PAT Growth

Hero MotoCorp posted INR 10,211 crore revenue in Q3 FY’25, up 5 percent YoY, with net profit rising 12 percent to INR 1,203 crore. The company declared a INR 100 interim dividend (5000 percent) and invested INR 5.15 crore in a solar power project under a group captive mechanism.

Group Captive Mechanism | February 09, 2025 | By EI News Network 2723

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