Biocon Limited has acquired an equity stake in Ampin C&I Power Twelve Private Limited (AMPIN), a special purpose vehicle (SPV) formed for the generation and supply of solar power, according to a regulatory filing by the company. The investment is part of Biocon’s strategy to increase renewable energy consumption, reduce energy costs, and support its…
The Ministry of Power (MoP) has revised the regulatory framework for captive generating plants, introducing a proportionate consumption mechanism that limits how much electricity each co-owner in a multi-user plant can claim as captive. The changes are set out in the Electricity (Amendment) Rules, 2026, published in the Gazette of India on Friday. The amendment…
Meghmani Organics Limited (MOL) has signed a renewable energy supply agreement with Pro Zeal Green Power Fifteen Private Limited to procure 3.30 MW of wind solar hybrid power. The agreement was executed on 13 January 2026 and is intended to meet the company’s captive power requirements in Gujarat. In a disclosure to the stock exchanges,…
Adani Green Energy Limited (AGEL) announced on 7 January 2026 that its wholly owned step-down subsidiary, Adani Green Energy Twenty Five B Limited, has entered into two agreements with Asahi India Glass Limited. Adani Green Energy Twenty Five B Limited has signed a Power Consumption Agreement (PCA) to supply 20.8 MW of solar-wind hybrid power…
The Ministry of Power (MoP) has issued draft amendments to the Electricity Rules, 2005, proposing changes to regulations governing Captive Generating Plants (CGPs) to clarify ownership criteria, introduce greater operational flexibility, support industrial electricity costs, and strengthen grid stability. Through a letter dated January 2, 2026, the Ministry has invited feedback on proposed revisions to…
Adani Green Energy Limited (AGEL) announced that its subsidiaries have signed Investment Agreements with RSWM Limited to develop two captive power projects. The agreements were executed on October 31, 2025. The first agreement involves Adani Renewable Energy Holding Eighteen Limited (AREH18L) and Adani Solar Energy Jodhpur Six Limited (“Generator 1”) with RSWM Limited. The second…
The Central Electricity Authority (CEA) has issued a circular detailing the procedure for Special Purpose Vehicles (SPVs) to formally identify generating units designated for captive use. The notification is mandatory for entities seeking captive status verification for the financial year 2025-26. According to the circular, SPVs that own a generating station and wish to verify…
Vanya Steels Pvt Ltd, a subsidiary of A-One Steel Group, will invest around Rs 1 billion to set up a 10 MW captive power plant at its Koppal facility in Karnataka. The project, slated for commissioning by 31 July 2025, will use Waste Heat Recovery Boiler (WHRB) technology to convert residual heat from steelmaking into…
Lloyd Metals and Energy Limited is expanding its renewable energy portfolio. The company’s Board of Directors has approved signing a Share Subscription and Shareholders Agreement (SSSHA) with Hexa Climate Solutions Private Limited. Under this agreement, Lloyd Metals will invest Rs 120 million in Hexa Energy W2 Private Limited and Rs 100 million in Hexa Energy…
RR Kabel Limited commissioned a 10.2 MW captive wind-solar hybrid power project in Gujarat on May 31, 2025. The project includes a 6.6 MW wind power component, comprising two wind turbine generators (WTGs) of 3.3 MW each. These are located at revenue survey numbers 689 and 449 in Mota Khijadiya and Sal Pipaliya villages, Paddhari…